The Equitable Life Insurance Co. of Canada will be adding five new funds to its lineup this fall.
These include: Equitable Life Acuity Pure Canadian Equity Fund; Equitable Life Acuity Canadian Balanced Fund; Equitable Life Dynamic Power Global Growth Fund; Equitable Life Trimark International Companies Fund; and Equitable Life Dynamic Far East Value Fund.
As well, the company announced that it will be adding two manual resets per year to its load product — the reset will affect both the maturity guarantee and the death benefit guarantee and will initiate a new 10-year maturity guarantee period.
Equitable Life will also be adding AGF Trust as a second non-registered loan provider in July.
Meanwhile, trailer commissions on the Personal Investment Portfolio product will now begin in the second month rather than the 13th month.
Finally, the insurer announced it will be launching Pivotal Solutions II — a DSC load product that will be available on FundSERV. The first-year commission plus bonus will be 6% and the trailer commission plus bonus will be 50 basis points beginning in the second month.
Equitable Life expands product lineup
Company also announces four other initiatives
- By: IE Staff
- September 20, 2006 September 20, 2006
- 13:50