Join us for our next TRIIPSS Webinar:
Cross border insurance issues for
Americans in Canada

INSURANCE NEWS

2021 Federal Budget Overview

Last month marked the first Federal Budget in two years. Get up to speed with our 2021 Federal Budget Overview package. Our tax and estate planning expert, Peter Wouters, shares his thoughts on an overview of the 2021 Budget and how it will impact clients in this timely 30 minute video.

A companion piece to the video, our client-friendly fact sheet highlights what's new in the Budget and how it impacts clients. Download the infographic to share with your clients and start a conversation about possible impacts to their financial plans.

Money Sense and Peter Wouters help answer key questions for consumers about life insurance in Canada 

Getting the facts about life insurance in Canada can be a challenge. That’s why Money Sense magazine has put together a series of articles answering some the key questions about buying a life insurance policy. To help them answer those questions, they turned to Peter Wouters, the Director of Tax, Retirement and Estate Planning here at Empire Life.

The topics covered include the cost of life insurance coverage in Canada, term vs. permanent insurance and the value of life insurance vs. mortgage insurance. Check out our recent blog post to get a sneak peak at his answers and links to the full articles to share with your clients and prospects.

INVESTMENTS NEWS

Now available on demand: Cross border investment issues for Americans in Canada

Should your approach to advising American clients living in Canada be different? Our latest TRIIPSS webinar is the first of a two-part series exploring the answer and other questions surrounding the implications for American investors living and working in Canada.

During this case study, you will learn about U.S. tax return filing and reporting requirements, as well as the different income tax rules in Canada vs. the U.S. CE credit offer expires July 28, 2021.

Market Insight: Style rotation is powerful,
so is a disciplined investment process

Under the hood of the first quarter's market performance was one of the most powerful sector rotations in years. Investors shifted money out of growth-oriented, information technology shares and into long beaten-down sectors such as financials and energy.

At-a-glance: Our client-friendly infographic highlights market trends, including sector breakdown, what’s working/what's not working, global regional changes and outlook.

Look to our shining stars

Deliver stellar results to your clients with our disciplined, long term investment management approach that focuses on quality and downside protection.

Launch of a new segregated fund product in collaboration with CI Global Asset Management (CI GAM)

On April 19, 2021, Empire Life, in collaboration with CI Global Asset Management, launched a new segregated fund product issued by Empire Life that features segregated funds which invest exclusively in CI GAM mutual funds.

The product, the CI Empire Life Concentric GIF (Concentric GIF), will consist of administration and customer service performed by Empire Life and wholesaling and marketing services performed by CI GAM. For more information about Concentric GIF please contact your CI relationship manager.

CORPORATE NEWS

Introducing a New Distributor Code of Conduct

Empire Life is pleased to announce that we have a new Distributor Code of Conduct now available on the compliance section of our website.

The purpose of the Distributor Code of Conduct is to set out the standards of conduct that Empire Life’s distributors are expected to abide by in their business activities.

Empire Life announces first quarter 2021 results

We announced our first quarter 2021 results.

Reminder regarding your Empire Life account passwords

It is never okay to share your credentials with someone else. Everyone accessing Empire Life portals, systems and website must have their own log in credentials. If someone requires access to Empire Life systems, please complete the registration process on our website, under the Business Centre.

For more information please refer to Distribution Practices’ reference document on Passwords.

Changes to Anti Money Laundering (AML) requirements

FINTRAC will be updating its Anti Money Laundering (AML) requirements on June 1, 2021. To be compliant with the AML legislation there will be changes to many of our applications and forms. We will communicate as those forms become available.