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 […]
Tool lets advisors screen more than 3,000 segregated funds
Two new funds options added to Guaranteed Investment Portfolio
In an ironic twist for insurance companies globally, the very product upon which they were building their futures is tying up their capital and potentially hampering growth. Segregated funds, including those with payout options (called variable annuities in the U.S. and Britain and guaranteed minimum withdrawal benefit products in Canada), are hampering insurers everywhere, including […]
Market turmoil moves regulator to update rules
The Empire Life Insurance Co. has launched Class Plus, the newest enhancement to its Empire Class Segregated Funds product now with a Guaranteed Minimum Withdrawal Benefit. Class Plus will be available for sale starting Oct. 20. Class Plus offers investors the opportunity to benefit from the upside potential of the markets by investing in selected […]
And sales of living-benefits policies rise as clients become more aware of their availability
Bright spots for some insurers are the new guaranteed minimum withdrawal benefit plans
Seven new funds added to SunWise Elite lineup