New GIF contract launched
Original GIF Select, GIF and GIF encore contracts closing to new sales
Dalbar’s new criteria yields significantly lower scores
Success of segregated fund sales shows clients are looking for guarantees
Insurance regulators take “access equals delivery” approach
Certain funds closing to new investments
New advisory clarifies alternative method to determine capital requirements
AIC Ltd. and Transamerica Life Canada plan to streamline product offerings by consolidating several segregated funds, and to rename one of the funds, the companies said Friday.The AIC seg funds’ contracts are issued by Transamerica Life Canada and are managed by AIC.On June 19, 2009, AIC and Transamerica Life Canada will be discontinuing five AIC […]
Performance of segregated fund families in 2008 have been helped by lightening up on equities
The Great-West Life Assurance Co. has placed a temporary moratorium on redemptions from its Canadian Real Estate Investment Fund No. 1 effective the close of business Dec. 15.The fund is a segregated fund that holds a diversified portfolio of high-quality income producing properties. “Given the current economic environment, redemption requests have recently increased. Real estate […]