THE 360 NEWSLETTER

Following the July 28, 2022 communication and given the success of this program, we are pleased to announce that Investia’s Intermediary Transfer Program, which ended in December 2022, is back for a limited time until September 30, 2023.

As a reminder, the Intermediary Transfer Program allows your clients to transfer their intermediary accounts (including B2B accounts under the Investia dealer code) to the Investia nominee account platform without having to pay upfront transfer out fees charged by the intermediary. Instead, Investia will cover the total amount of these fees upon the transfer, then the client will pay, for the next 5 years, the fees related to the Intermediary Account Transfer Program, in addition to annual administrative fees, as detailed on the Intermediary Transfer Program Request Form (F51-396A) signed by the client.

Notes:

• For all transfers received before June 30, 2023, the additional fees related to the Investia Intermediary Account Transfer Program will be charged at the same time we collect the annual administrative fees. For transfers received between June 30 and September 30, these fees will be charged toward the end of 2023.
• For RRIF/LIF accounts, any minimum and/or maximum amount will have to be paid to the client prior to the transfer and will not be assumed by Investia.

Reminders:

• This is a limited-time offer. Your clients can take advantage of this program for transfers initiated prior to September 30, 2023.
• If you wish to take advantage of this program, please send the Transfer Authorization Form for Investia Nominee Accounts (F51-170A) and Intermediary Account Transfer Program Form (F51-396A) by fax to 1-833-937-2236 (and not via the Secure File Upload Tool, as this could lead to a rejection by the Processing team). Please never fax forms to B2B directly because transfer fees will not be assumed by Investia and taken from the client’s account assets.

For all the details pertaining to the Intermediary Transfer Program, we invite you to refer to Administrative Procedure # 62 – Intermediary Account Transfer Program, which can be found on the Advisor Centre under Procedures and Forms / Administrative Procedures.