We are pleased to announce the launch of the Periodic Contributions and Indexed Periodic Contributions tool in My Client Space starting Monday, March 15.
This new feature will allow your clients to schedule periodic contributions (also known as “Pre-Authorized Debits [PADs]”) to their RRSP or TFSA and choose the moment, frequency and amount that best suit their budget!
Tools at your disposal to promote it
- An email template (Outlook) (also available in Client Manager on March 15)
- A Facebook post in the Web Showcase (available on March 15)
- An article in the Advice Zone on ia.ca
Whether you help your clients by performing the transaction yourself via EVO or give your clients complete autonomy, the periodic contributions made via the client tool will be eligible for the same credits and commissions as if the periodic contributions had been made in your presence!
Periodic contributions: a simple, profitable and flexible way to avoid the last-minute rush
The RRSP and TFSA period has been a crazy race? Perhaps your clients had trouble finding a large amount of money for their annual contribution? Let them know that simple contributions made on a regular basis will allow them to reach their savings goals more quickly, without compromising their budget. The sooner they save, the more their assets grow without too much effort.
We strongly encourage you to promote this new functionality to your clients. With it, you will save time and maximize the value of your advisory role as well as grow your business, while your clients are able to be in control.
A fully electronic solution without any intervention required on your part!
Depending on your clients’ selection, the periodic contributions and indexed periodic contributions1 are either invested:
- in the High Interest Savings Account (HISA),
- in proportion to the existing funds of the contract, or
- according to the automatic investment term (AIT) on file.
The periodic contribution tool will be accessible in My Client Space from the Overview screen or from within their contract in the main menu.
Download this visual guide (available in the Document Centre) to see every screen of the client contribution tool.
You will be advised
Once the periodic contributions have been programmed, clients will receive confirmation of the transaction as usual. You will also receive a copy in the notification sent to you in the Transaction Follow-up and the Business Tracker tools, allowing you to follow up with your clients if necessary.
Finally, stay tuned: in the coming months, we will announce the launch of the periodic contributions tool in iA Mobile!
If you have any questions, please contact your sales teams.
- In addition to scheduling periodic contributions, your clients already establish the amount by which their contributions will increase for the following year.
