Get up to speed with our 2023 Federal Budget Overview Infographic 

Our client-friendly fact sheet highlights what's new in the Budget and how it impacts clients. Download the infographic to share with your clients and start a conversation about changes to their financial needs.

How the Empire Life investment team's success in 2022 has informed and influenced their 2023
strategies

The recent Investment Executive article "Stock picking supports segs in 2022" ranked Empire Life 2nd among carriers for segregated fund returns, stating that over 84% of our segregated fund assets under management were ranked in the first or second quartile.1 In this follow-up Q&A, Paul Holba, Senior Vice-President and Chief Investment Officer provides an informative look back at the challenging markets of 2022 and the tactics and strategies the team used to deliver their outstanding segregated fund performance.

Please join us for our next TRIIPSS Webinars:
Generating lifetime income: A two-part webinar session

Part 1 - The planning process – April 19

This first of a two-part session explores the unique aspects of planning for an income that is designed to support the lifestyle individuals and clients envision as they approach or embark on the journey of financial independence. Attendees will gain a new appreciation for how retirement planning is so different from retirement income planning.

Date: Wednesday, April 19, 2023
Time: 2:00 pm to 3:15 pm ET
This webinar is also available in French on Thursday, April 20 at 10:00 am ET

Part 2 - Some principles to employ - May 3

This second session looks at some key considerations that can impact how long money will last, income generating strategies, and the significance of lifestyle planning. Attendees will walk away with tools, processes and conversation starters, all designed to better equip them with the task of working with
aging clients to generate lifetime income.

Date: Wednesday, May 3, 2023
Time: 2:00 pm to 3:15 pm ET
This webinar is also available in French on Thursday, May 4 at 10:00 am ET

With over 84% of assets in the top 2 quartiles, Empire Life ranked 2nd in 2022 by Investment Executive

Empire Life segregated funds featured in Investment Executive article "Stock picking supports segs in 2022"

Successful stock picking in 2022 resulted in wins for the Empire Life investments team. The March 2023 Investment Executive article highlights how our fund managers focused on U.S. and Canadian stocks, energy, and shorter duration fixed income while being underweight in technology.

Please note this article is only available in English.

Easy access to your client's tax slips

Did you know that your clients can instantly access their tax slips on MyEmpire?

Or, you can locate these Tax Documents on the Business Centre. Let us know if you want training on any of our digital tools.

Enhanced Term Exchange Program adds even more flexibility

Policy owners with a Solution 10/15/20/ART coverage can now exchange their term for a new longer-term coverage within the first seven years following the original issue date of the policy.  

Participating Account Q4 Summary

The Empire Life participating fund offers the possibility of receiving dividends1 each year and has demonstrated a strong track record for success, highlighting the performance and stability our participating plans can offer. Historically, we've been able to achieve:

• 5.29% return in 2022
• 6.54% average return over the last 10 years
• 7.37% average return over the last 30 years

In addition to our participating fund performance, our participating life insurance plans have guaranteed premiums and cash surrender values–providing an excellent opportunity for many Canadians.

Consistent returns with a conservative investment approach have made Empire Life participating life insurance plans successful over the years. It is also why we have never failed to pay a dividend in the history of offering this type of insurance. Our dividend scales are guaranteed never to fall below zero percent and any dividend, once paid, cannot be taken back.

1Dividends are not guaranteed. They are paid at the discretion of the board of directors and will vary—upward or downward—depending on future experience. Par returns include returns on par surplus and are not actual returns to policyowners.

Increased flexibility and choice with Solution 15TM Term Life Insurance

For budget-conscious clients, Solution 15 Term Life Insurance may offer the perfect balance between a longer duration than Term 10 and a more affordable price than Term 20.

Our average market price ranking is #2 for Solution 151

Empire Life achieves top 5 rankings for 100% of age, premium bandings and gender scenarios for all Solution Series products!

1 Rankings for Solution 15 are based on the initial term premium rates on Feb. 4, 2023, with the initial annual premiums of 9 other comparable term 15 products shown on LifeGuide quotes obtained on Feb. 4, 2023, for the same life insured and amounts indicated. Rankings for Solution 10 and Solution 20 are based on LifeGuide quotes obtained on Feb.1, 2023 against over 20 comparable products for premium bandings and gender scenarios.