INDUSTRIAL ALLIANCE TO CLOSE SALES OF ITS ECOFLEXTRA
The company has decided to no longer offer the
Ecoflextra series in its IAG Savings and Retirement Plan
and stop deposits in the Ecoflextra Series and
Ecoflextra - Guaranteed Surrender Series.
Effective July 27, 2012, no new PACs (preauthorized cheque
payments) can be established for a Ecoflextra series. Existing PACs
can continue, but deposit amounts cannot be increased.
- Effective November 2, 2012, at 4 pm (ET) or 1 pm (PT), all
funds in the Ecoflextra Guaranteed Surrender Series and
the IAG Savings and Retirement Plan Ecoflextra Series will
be closed to new deposits and transfers (cheques or electronic
- Existing PACs can be maintained, but may not be increased in
Please contact your advisor for more
Ecoflextra. It's a simple choice.
Ecoflextra offers you the choice of 5 low risk investments
including Dan Bastasic's Strategic Corporate Bond Fund, allowing
you to convert some of your retirement savings into a source of
dependable income that you can't outlive. Whether you're building
for your retirement or are in the retirement stage of your life,
you can look to Ecoflextra to supplement existing guaranteed income
sources or to create a new income source on which you can rely.
- 5% annual bonus for life* - helps increase
your retirement income
- Guaranteed income for life - helps form a
foundation of a retirement income plan
- Income flexibility - income levels from 4 to
6% and as early as age 55
- A choice of conservative investments with full
access to your market value if the need arises^
- Certainty of future income - provides peace of
mind for your clients
Funding retirement today is more complex and difficult than it
has been in the past. Low interest rates combined with the
fact that Canadian's are living longer have made it very difficult
to determine a retirement strategy. That's why your
retirement income strategy should ensure that you don't outlive
your retirement savings.
Current Investment Options:
- Money Market
- Short Term Bonds
- Tactical Bonds (Aston Hill)
- Strategic Corporate Bond
*The Bonus increases the amount used to calculate the guaranteed
income for life.
^Certain fees apply