Investment and Retirement
Changes to investment products and services - June 2017
SSQ Financial Group will make certain adjustments to its products and procedures in June 2017. The purpose of the changes is to maintain a competitive fund and guarantee platform, and provide you and your customers with valuable options.
Addition of SSQ CI Signature Corporate Bond GIF to SSQ Celestia GIF portfolios
This addition will diversify the bonds included under SSQ Celestia GIFs and take advantage of a higher current yield potential.
Carnegie's name change to C WorldWide Asset Management
Changes to the eligibility of certain sales charge options for the optimal guarantee (100/100)
As of June 1, 2017, the back-load and no-load Mode B sales charge options will no longer be available for new regular contracts with the optimal guarantee (100/100).
Basic (75/75) and Enhanced (75/100) guarantees ARE NOT affected by this change.
Investors with existing contracts will be able to continue to hold and purchase fund units with any sales charge option, either through lump-sum contributions or preauthorized transaction programs.
End of the increased trailer fee commission at the end of the back-load sales charge schedule
For contributions made as of June 1, 2017 only. Contributions made between November 26, 2012, and June 1, 2017, will continue to benefit from the increased trailer fee commissions at the end of the back-load sales charge schedule as was previously communicated.
A new estate planning option will be added: continuing beneficiary
Changes to application forms based on legislative and regulatory amendments
Please consult the website for details: ssq.ca/advisor-info-investment
For more information about these changes, contact your SSQ representative or SSQ Client Services.