INDUSTRIAL ALLIANCE TO CLOSE SALES OF ITS ECOFLEXTRA SERIES:

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.

IMPORTANT DATES

July 27

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.

 

November 2

  • 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 transfers).
  • Existing PACs can be maintained, but may not be increased in the future.

Please contact your advisor for more details.

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
  • Bonds
  • Tactical Bonds (Aston Hill)
  • Strategic Corporate Bond

Performance:

*The Bonus increases the amount used to calculate the guaranteed income for life.

^Certain fees apply