INVESTMENTS NEWS

Emblem Oversight Team Tactical Update 

Moving to a slightly less aggressive posture given some reopening has played out, supply chain difficulties remain and valuations remain elevated. We are also seeing some indications of slowing economic growth and we still don’t have a clear picture of just how transitory inflationary pressures will prove to be.

In light of all these factors we decided to make a modest change to a somewhat less aggressive positioning, while deploying cash in select portfolios to realign select asset class weights back to targets. Get the update and share it with your clients.

Upcoming mailing to customers at age 71 holding RRSP/LIRA 

You will soon receive copies of letters being mailed to all of your clients who hold an RRSP/LIRA and will reach age 71 by the end of this year. These customers must collapse their registered savings plans by the end of 2021.

The letters explain what options are available to them and also indicate that their contract default will be applied if we have not received instructions by December 7, 2021. These letters will be mailed to customers in mid-October.

Find your next Empire Life Investment with ease

The new Empire Life Segregated Fund Prices & Performance page has been enhanced to make it simple, fast and easy for you to find the investment information you’re looking for.

Key features include new search functionality, individual fund documents and an enhanced digital fund page. Check it out for yourself and watch our demo video.

Off the Cuff with David Mann:
China's increased regulatory scrutiny and portfolio risk management

David Mann discusses the recent changes that have occurred in China, its impact on the technology sector and how the team manages risk in the portfolios.

INSURANCE NEWS

Join our next TRIIPSS webinar
Beneficiary blow-ups: Focus on insurance

Most beneficiary designations are made with good intentions — to make an estate as simple as possible in an effort to by-pass probate; or with a desire to provide equal distributions to one’s children. However, a simple oversight could create unintended legal, financial and personal consequences.

This session covers estate planning issues with a focus on insurance.

• Date: October 28, 2021
• Time: 2:30 p.m. to 3:45 p.m. ET
• CE credits: Pending

New application checklist for the Fast & Full Life App

To help ensure your client meetings go smoothly when completing a new life and health insurance application using Fast & Full Life App, we've updated our handy application checklist.

Use it prior to meetings to confirm with clients that they have all of the documents and information needed to complete the application in one sitting.

The Living Benefit Advance: Help for clients when they need it most

All life insurance from Empire Life offers a non-contractual Living Benefit Advance that allows the owner of the policy to apply for up to 50% of the death benefit in advance, to a maximum of $50,000, if they are diagnosed with a terminal illness and expected to survive for fewer than 12 months.

To help you make clients and prospects aware of this valuable benefit, we've created a new client brochure that you can download and share or order from InvestorCom. Please see the Information Circular for more details about the Living Benefit Advance.

TRIIPSS webinar now on demand
Separation and Divorce: Who gets what

Sometimes, the process of dividing property is fairly straightforward and is handled quickly and easily. In many other situations, emotions run high, generating a messy process, ugly exchanges and bitter outcomes.

This session takes attendees through some of the rules and guidelines around property division and equalization as well as some planning steps to consider when dealing with clients. CE credit offer available until December 22, 2021.

Consumer-friendly articles focus on answering key questions about life insurance

Empire Life recently published a number of consumer-focused articles to help answer some of the most frequently asked questions about life insurance in Canada.

Authored by Peter Wouters, the articles take an in-depth and thoughtful approach to topics that are often glossed over. In particular Peter looks at what type of life insurance to consider, how much consumers need, and the tax implications of life insurance ownership. 

CORPORATE NEWS

Stay socially connected: be sure to follow us @EmpireLife

We are combining our corporate and insurance Facebook and Twitter accounts to make it simple, fast and easy for you to stay up-to-date on Empire Life news. If you’re following us on our Empire Life Insurance pages, make sure to follow us @EmpireLife, and like and share our posts. Here's where you can find us on social:

Updated Empire Life corporate fact sheet now available

Our Q2 2021 Fact Sheet is now available for download. See highlights from our last quarter, our latest results, and stay on top of our ratings and financial stability. It's a great resource to share with clients who want to know more about Empire Life.