We discussed the new TCR requirement at the Savings and Investment Conference on October 22. As you know, this Canadian regulatory requirement takes effect on January 1, 2026.
The resulting changes will appear on the December 31, 2026 statement (which your clients will receive in January 2027).
We’ve created an FAQ to answer the main questions you may have on this subject. We’ll be adding to it throughout the year as new information becomes available.
Key actions to take in the meantime
1. Make sure your clients understand the benefits and the cost-benefit ratio of investing in segregated funds (use the Segregated Funds 101 document)
2. Increase the frequency of communication with your clients, with the help of our tools
3. Take advantage of every interaction to demonstrate and reinforce your advisory value (e.g., reset)
4. Put things into perspective: the requirement doesn’t entail any additional fees. The fees will just be presented more clearly
Related communications initiatives – 2026
By March 2026: Information and support tools will be added to the Advisor Centre.
May 2026: We’ll provide more details on relevant changes to the Fund Facts.
By June 2026: A web page will be created for clients on ia.ca sometime around June 2026.
Fall 2026: The new statement will be presented.
