Change to our partial term insurance conversions with carryover rules

The permanent insurance portion of the new insurance policy has to be at least 50% of the total insurance coverage. This means the Term Insurance Rider (TIR) amount of coverage that is carried over from the original term insurance policy to the new permanent insurance policy has to be equal to or less than the permanent insurance amount of coverage.

E-Application will no longer be supported by Internet Explorer 11

As of May 15, 2021, the Internet Explorer 11 (IE 11) web browser will no longer support our Manulife E-Application tool. To help ensure a positive E-Application experience, use the tool with a supported browser. Read more in the story on Advisor Portal.

Budgeting for a new beasty friend

Pets have become wildly popular over the course of the pandemic, but are your clients aware of the costs that come with them? This Solutions article can help set expectations.

This is an excellent resource to share with your clients. Check it out at www.manulifesolutions.ca/advisor (Repsource login required).

Looking for content on a specific topic? Check out our Solutions Extras section in the digital magazine.

Need help? Watch this short training video or email solutions@manulife.ca.

Coming soon: a new edition of Advisor Focus magazine

While you’re busy managing the moving pieces, don’t lose sight of opportunities that can exist in a complicated world.

Top Story: Bullish on growth
Despite some pandemic-driven setbacks, Manulife’s experts say market optimism to remain high through 2021.

Other highlights in this edition include:

• Manulife’s new Climate Action Fund joins the leading edge of investing in good causes.
• Become a proactive referral builder and boost your client base.
• Leading the life insurance conversation for those in search of more stability.
• Solutions Online can help you click with clients.

Visit our Publications page on Advisor Portal. Have questions? Send us an email.

New episode of Investments Unplugged: Only two things in life are certain …

The 2021 Canadian federal government budget — it’s finally here. But what’s in it? John Natale, Head of Tax, Retirement, and Estate Planning Services at Manulife Investment Management, joins host Philip Petursson to talk about economic impacts of the budget.

Expanding your ESG Toolkit – virtual roundtable featuring Patrick Blais, Head of Manulife Investment Management’s Canadian Fundamental Equity Team on May 13

In this virtual roundtable hosted by Advisor's Edge and Investment Executive, experts share the questions that can help you determine your clients’ values and objectives from ESG investing. CE accreditation for this webinar is pending approval. (Event is in English only)

Expanding your ESG Toolkit – virtual roundtable featuring Steve Bélisle, Managing Director and Senior Portfolio Manager at Manulife Investment Management on May 20

In this virtual roundtable hosted by Conseiller and Finance et Investissement, experts share the questions that can help you determine your clients’ values and objectives from ESG investing. CE accreditation for this webinar is pending approval. (Event is in French only)

Environmental heroes — our ESG team has them!

Margaret Childe, Head of ESG, Canada at Manulife Investment Management, has been recognized as a 10th annual Clean50 award recipient for actively taking up the fight against climate change in innovative ways.

Do you have a power of attorney?

Like a will, a power of attorney is an important part of a comprehensive financial and estate plan, yet they are often less well understood. Learn more about how they work and what they can do for you.

Do you celebrate when you receive a large tax refund?

This isn’t something to celebrate. If you receive a refund, it really means you just gave the government an interest free loan. Learn how to adjust your tax deductions and keep more money in your account all year round.

As a Matter of Tax

Three recent answers from the Canada Revenue Agency about the payment of capital dividends could affect your corporate clients. The answers address the streaming of capital dividends, indeterminate capital dividend amounts, and different classes of shares and anti-avoidance rules.

As a Matter of Law

What sort of relationship makes a person a spouse? Does a couple have to be married? Can they be co-habitating? Can a person have both a married spouse and a common-law spouse concurrently without it being a Criminal Code offence – polygamy? If a deceased person had more than one spouse, which one can make a claim on the estate?

The BC court had to examine all these issues in the case of Michael Widner who died without a will and left 2 women laying claim to his estate.

Industry Insights

Life insurance can be an excellent charitable giving option, but insurance regulators have questioned some activities involving life insurance gifts as trafficking. The Canadian Association of Gift Planners (CAGP) has released easy-to-understand, written materials that help guide all parties through what’s involved in making a sound, charitable gift of life insurance.

Insurance forms are now compatible on all browsers

We’ve updated our most common insurance forms to make them compatible with all browsers.