Changes to the Helios2 Contract | 2 new features available on May 15

Intermediary Network Sales Support and Expertise May 12, 2023

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:

ContractNotice 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 versionFrench versionAvailability of printed copies
Contract and information folder 13188E 13188FIn 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 20105Fs. o.

Sales material

We’ve updated the following documents. Please use the PDF versions.

Materials for representativesEnglish versionFrench version
Representative’s guide 13185E 13185F
Quick reference guide 13186E 13186F
Helios2 at a glance 22031E 22031F

Read the press release.