So your thinking about retirement.
First, any good plan starts with looking at where you are. This is why when you work with me; we begin with a complimentary financial analysis.
Now with Experior, we have access to several solutions for you. We will, of course, look for what fits your needs. Today we highlight potential tool to help you reach your retirement goals.
Product Highlight.
Let me introduce you to Beneva investment accounts.
(Beneva was formerly known as La Capital and SSQ who merged into Beneva)
What is Beneva Investment accounts? Simple, it is an account that holds investments.
What are the Highlights:
- Same MER as mutual funds
- Capital guaranteed in the event of death only made before 75
- 100% Death benefit guarantee
- Can name beneficiaries
- Bypass probate and have creditor protection
- Minimum issue age 18 years
- Minimum investment (one or combo of the following)
- $500 minimum initial investment per investment account
- Minimum $50 monthly or Minium$25 biweekly
Types of accounts (Registered)
TFSA, RRSP, LIRA, LRSP, RRIF, LIF
Assets categories
- Fixed income
- Balanced
- Canadian equity
- American and international equity
- Portfolios
Depending on your financial profile, you can divide up among those categories. Check out the profile selector.
Their investment account fund Partners are
- Fidelity
- AFG
- Dynamic Funds
- CI Investment
- FieraCapital
- TD Asset managements
You are getting name-brand funds for your investments.
The advantage
They put an insurance wrapper around the product. This means you get a death benefit on all the money you put in. As well as of 2021, they are providing the same MER as Mutuals funds.
Another benefit of using an insurance company is bypassing fees like probate, some legal fees, some accounting fees, and some potential executor fees. At the same time, it is not part of the public record.
What questions do you have?