On May 15, your clients can benefit from the following 2 new features for the Helios2 Contract:
1. Launch of Fee Option F
Fee Option F (Advisory Service Fee) is now offered through Series 6F and 8F for Helios2 Contracts held externally in an intermediary or nominee account. The new fee option will enable you to work with your clients to set the fees paid to you (and to the distributor you do business with) for your services and expertise. With Fee Option F, you (and your distributor) won't receive any sales or trailing commissions, and no front-end or withdrawal fees will be billed to investors. For that reason, the management expense ratio will be lower for Series 6F and 8F than for Series 6 and 8.
2. Increased maximum age for deposits to the Helios2 – 75/100 i Guarantee
The maximum age at which annuitants can make deposits to the Helios2 – 75/100 i Guarantee is increased. Starting May 15, investors can make deposits until age 85 by choosing Fee Option A or F. Age 80 will remain the maximum for deposits made with Fee Options D and E.
Client communications
All Helios2 Contract Owners will be sent a Notice of Change, which will be mailed out in a few weeks:
Contract | Notice item # |
---|
Helios2 |
23106E (English version) 23106F (French version) |
Regulatory material and forms
We’ve updated the Contract and Information Folder, Fund Facts and the Fund Chart. Please use them starting May 15.
You’ll be able to order copies of these documents from the warehouse starting in the week of May 29 (please use the numbers below when ordering). You can also use the PDF versions starting now.
| English version | French version | Availability of printed copies |
---|
Contract and information folder |
13188E |
13188F | In the week of May 29 |
Fund facts – series 6, 6F, 8 and 8F |
13188E01 |
13188F01 |
Contract application |
13137E |
13137F |
Contract application – Intermediary/Nominee name form (only available on this site) |
13138E |
13138F |
Contract application – TFSA |
13139E |
13139F |
Statement of direction |
13140E |
13140F |
Fund chart (all contracts) - PDF only |
20105E |
20105F | s. o. |
Sales material
We’ve updated the following documents. Please use the PDF versions.
Read the
press release.