Get to know what I do (Group Benefits/Investments)

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I have uploaded this presentation to give business owners a better understanding of how we work with Group Benefits and Group Investments. We provide a value-added approach by implementing Group Plans and working with the individual employees with their personal Financial Planning needs. This is on top of our financial planning for business owners services.

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  • 3rd largest financial services company in the worldOnly triple A rated financial services company in North America
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • GWL processes 44 million health and dental claims alone each year.GWL has the largest local sales and service organization in the industry, with offices from coast to coast
  • Financial planning follows a Six Step Planning Process, as follows:Goal SettingData GatheringFinancial AnalysisPlan Formulation and RecommendationsPlan ImplementationMonitoring and Plan ReviewAt Investors Group we don't miss a single step. Professional advisors need specialized tools, and as an Investors Group Consultant, I use the Personal Financial Planner (PFP) which is a comprehensive financial planning tool that helps me develop a personalized financial plan for you.
  • Before we jump right into this presentation and begin discussing tax planning, I want to take a minute to go over some of these key points. It is important to me that you are aware of these details before we start – details that I hope all advisors are talking to you about.First, we are going to be talking about many ideas today but, before you decide to act, it is critical that we review your specific situation. Everyone is different so what works for some may not be as applicable to others.Second, this is what I do for a living. If we decide in the future to work together it is important to me that you are aware of how investments and plans work, any fees that might be associated with them, and how I get paid. We have plenty of material that I can share with you that spells it all out very clearly.(Go over disclaimers)Now that we’ve gone over that, let’s begin by talking about the importance of the financial planning process…(Note to Consultant)If you are licensed with Investors Group Financial Services Inc. (Mutual Fund Dealers Association – MFDA) use line one of the disclaimers listed above. If you are licensed with Investors Group Securities Inc. (Investment Industry Regulatory Organization of Canada - IIROC) use line two of the disclaimers. Delete the dealer line that is not applicable. If there is a guest speaker insert the following disclaimer on this page: Views expressed by guest speakers may not be shared by Investors Group.
  • Get to know what I do (Group Benefits/Investments)

    1. 1. A personalized approachto financial planningdesigned to help youprosper now and over time.
    2. 2. Investors Group:A wealth of experience and expertisePOWER FINANCIALCORPORATIONGREAT-WESTLIFECO INC.IGM FINANCIAL INC.LONDONLIFEMACKENZIEINC.GREAT-WESTLIFEIPC FINANCIALNETWORK INC.CANADALIFEINVESTORSGROUP INC.INVESTORS GROUPFINANCIAL SERVICESINVESTORS GROUPSECURITIES INC.Over 80 years experienceserving investorsComprehensive investmentmanagement expertiseOne of Canada’s LargestFinancial InstitutionsMore than 400 officesfrom coast to coastA member of the PowerFinancial CorporationGroup of Companies
    3. 3. A product shelfdesigned for diversityInvestmentsMutual FundsGuaranteed Investment FundsManaged Asset ProgramTax Advantaged FundsRRSPs, RRIFs, RESPsTax-Free Savings AccountGroup Investment PlansGICsAnnuitiesBrokerage Services throughInvestors Group Securities Inc.InsuranceLifeDisabilityCritical IllnessLong Term CarePersonal Health CareGroup Health PlansSymphony StrategicInvestment PlanningTMLendingMortgagesLoansLines of CreditBankingChequingSavingsCredit Cards© Investors Group Inc. 2011 C3198 (01/2011-W)World-Class Choices - As at January 2011Investment products and services are offered through Investors Group Financial ServicesInc. (in Québec, a Financial Service Firm) and Investors Group Securities Inc. (in Québec, afirm in Financial Planning). Investors Group Securities Inc. is a member of the CanadianInvestor Protection Fund.GICs issued by Investors Group Trust Co Ltd., and/or other non-affiliated GIC issuers.Insurance products and services distributed through I.G. Insurance Services Inc. (in Québec,a Financial Services Firm). Insurance license sponsored by The Great-West Life AssuranceCompany (outside of Québec).Mortgages are offered through I.G. Investment Management, Ltd.*. Inquires will be referredto a Mortgage Planning (Agent) Specialist. *In the Province of Ontario, Mortgage BrokerageLicence #10809. Mortgage Administrator Licence #11256.Commissions, fees and expenses may be associated with mutual fund investments and theuse of Symphony Strategic Investment Planning™. Read the prospectus and speak to anInvestors Group Consultant before investing. Mutual funds are not guaranteed, valueschange frequently and past performance may not be repeated. Symphony is an assetallocation service which provides a strategic approach to investment planning relating onlyto Investors Group mutual funds.Banking products and services are distributed through Solutions Banking™. SolutionsBanking products and services are provided by National Bank of Canada.™ Solutions Banking is a trademark of Power Financial Corporation. Investors Group anddesign are trademarks owned by IGM Financial Inc. and licensed to its subsidiarycorporations. National Bank of Canada is a licensed user of these trademarks.Trademarks of financial partners appear with their specific approval.
    4. 4. 4Types of Group PlansGroup Benefit Plans (Group Insurance)Group Investment Plans
    5. 5. 5Group Benefitsthat Work
    6. 6. 6Group BenefitsWe have direct relationships with the top GroupBenefit providers in Canada:Great-West Life provides group benefits to 1 in 3businesses in CanadaManulife provides group benefits to 1 in 10businesses in Canada
    7. 7. 7Group Benefits Extended health benefits Comprehensive prescription drug coverage Out-of-country coverage Critical illness – individual and grouped Best Doctors Enhanced paramedical coverage Dental care Additional income protection Long-term and short-term income replacement plans Life insurance Additional plan options Medical reimbursement plan Employee assistance programs
    8. 8. 8Group BenefitsWhy Group Benefits? Time saving online claims Class customized plan according to your company goals andobjectives Power of group, Tax advantages for all Holistic coordination between insurance and investmentgroup plans Customized services and support Direct access to Great West Life, Manulife, Sunlife The 3 largest group insurance companies (1/3 and 1/10)
    9. 9. 9Group BenefitsWhy Group Benefits with Investors Group? Easy to administrate and set up– convenient for employees More than a group provider We will coordinate benefits from other family member’s group plans to savethe cost or duplications of benefits. Life and living benefits for everyone Individual financial planning for you and your staff Integrated tax solutions No brokerage or enrollment fees for our service
    10. 10. 10Group Investmentsthat Work
    11. 11. 11Group InvestmentsOur organization has over $182 Billion* in assetsunder administration and we are serving over12 million Canadians *as of December 2009
    12. 12. 12Group InvestmentsTypes of Plans Registered Pension Plan (RPP) Deferred Profit Sharing Plan (DPSP) Group Registered Retirement Savings Plan (RRSP) Tax Free Savings Account (TFSA) Individual Pension Plan (IPP) Investment only services Non-registered plans Stock plans
    13. 13. 13Group InvestmentsWhy Group Investments? Easy payroll deductions Employee meetings Preferred investment fees Power of group Tax deferred Customized services and support A diversified portfolio managed by professionalsrebalancing your investments over time Helps simplify your retirement investing decisions
    14. 14. 14Group InvestmentsEmployee Perspective Savings for retirement Employer money for retirement Help with retirement planning Cash if you need it Access to a financial planner
    15. 15. 15Group Plan Concepts
    16. 16. 16Payroll DeductionsTax benefit is earlier in group plans
    17. 17. 17Group DPSP/RRSP ComboExample of restructuring salary increases:ABC Company Payroll: $1,000,000 for 30 EmployeesPercentage Pay Increase: 4%Company Spends : Wages or RRSP RPP/DPSPActual Increase $40,000 $40,000Add: CPP - 4.95% (1) $ 1,980 $ 0EI – 2.42% (2) $ 968 $ 0Vacation Pay - 4.0% (3) $ 1,600 $ 0Workers Comp – 4.30% (4) $ 1,720 $ 0TOTAL $46,268 $40,000Employees Get:Actual Increase $40,000 $40,000Less: CPP - 4.95% $ 1,980 $ 0EI - 1.73% $ 692 $ 0Income Tax - 30% $12,000 $ 0TOTAL $25,328 $40,000
    18. 18. Rewarding Employees Effectively
    19. 19. Rewarding Employees Effectively
    20. 20. 20ComprehensiveFinancial Planning
    21. 21. 21 Income Tax Planning Estate Planning Insurance Planning* Cash Flow Planning Retirement Planning Investment Planning* Insurance products and services distributed through I.G. Insurance Services Inc.Insurance license sponsored by The Great West Life Assurance Company.Six Pillars of Financial Planning
    22. 22. We look for opportunities…Are your investmentssuitable for your goals?Can you pay less tax?Will you have the incomeyou need to retire and dothe things you want to do?Can you retirewhen you want to?Do you have the rightamount and types ofinsurance?Will your estate transferefficiently and tax-effectively?Do you have controlover your income?1. Tax planning2. Estate planning3. Insurance planning4. Cash Management5. Retirement planning6. Investment planning1. 2.3.4.5.6.
    23. 23. 23The Six Step Planning Process1. Goal Setting2. Data Gathering3. Financial Analysis4. Plan Formulation and Recommendations5. Plan Implementation6. Monitoring and Plan ReviewWe don’t miss a step.
    24. 24. 24Financial Planning forBusiness Owners
    25. 25. 25 Tax Minimization Invest Corporate Retained Earnings Tax Effectively Withdrawing from Corporation Tax Effectively Planning for retirement that won’t slow you down Buy-sell Agreement with Business Partners Business Succession Plan Key Person ProtectionPlanning for Business Owners
    26. 26. 26Getting Started withGroup Plans
    27. 27. 27Group Plan - Initial Process Employee data Experience for past 3-5 years Current employee booklets Current premiums Possible enhancements Service expectations Timeline
    28. 28. 28Questions?
    29. 29. 29This Presentation Is provided by Investors Group Financial Services Inc. (In Quebec, a financial servicesfirm). Is provided by Investors Group Securities Inc. (In Quebec, a firm in financial planning). Is presented as a general source of information only, and is not intended as a solicitationto buy or sell investments, nor is it intended to provide professional advice including,without limitation, investment, financial, legal, accounting or tax advice. For moreinformation on this topic or on any other investment or financial matters, please contactan Investors Group Consultant Although we have tried to ensure the accuracy of this information, tax laws changefrequently so the provisions and exemptions mentioned in this presentation may change. Commissions, trailing commissions, management fees and expenses all may be associatedwith mutual fund investments. Please read the prospectus before investing. Mutual Fundsare not guaranteed, their values change frequently and past performance may not berepeated. A financial plan is based not only on the accuracy of the information provided by theclient, but also on certain assumptions that may or may not be accurate. Accordingly, theresults presented in a financial plan are based on projections that may significantly changeif these assumptions are inaccurate. Therefore, it is important to monitor your financialplan and to update it frequently. ™ Trademark owned by IGM Financial Inc. and licensed to its subsidiary corporations.

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