Segregat - Study guides, Class notes & Summaries

Segregated Funds & Annuities Certification Exam Latest Update Graded A+ Canadian Pension Plan Benefits CPP Income Formula = 8.4% annual tax x number of years x CPP at age 65 RRSP Contributions RRSP Contribution Room Formula = Income x 18% Market-Linked GIC A market-linked GIC has an interest rate that is tied to the performance of the stock market, providing the potential for a higher interest rate in the case of positive market returns. While the returns can be capped, there is potential for ...

Segregated Funds & Annuities Mock Exam Latest Update Graded A+ Group Registered Retirement Savings Plan (GRRSP) GRRSPs offer investors a limited variety of investment choices, but they have lower fees compared with individual RRSPs. Cancellation of Segregated Fund Contract An investor may cancel or rescind the segregated fund contract in writing within the specific time limitation set by the insurer providing the contract. Two days is the usual length of time permitted. The investor receives th...

Segregated Funds and Annuities

Segregated Funds and Annuities (SFA) Latest Update Graded A+ What is Segregated Funds LLQP - SFA VL 01 Segregated Fund is also an investment. it is just a fancy version of mutual fund. Segregated Fund is an insurance product, and it is an investment. Segregated Funds offer some unique features that mutual funds generally do not, such as: - Guarantees - Ability to BY-Pass Probate - Creditor Proofing A segregated Fund is a great product but remember it's not Life Insurance! rather, it's an i...

Segregated Funds and Annuities (SFA) Questions and Answers (Graded A)Segregated Funds and Annuities (SFA) Questions and Answers (Graded A)Segregated Funds and Annuities (SFA) Questions and Answers (Graded A) What is Segregated Funds LLQP - SFA VL 01 - ANSWER-Segregated Fund is also an investment. it is just a fancy version of mutual fund.

Segregated Funds and Annuities Exam 2024 Investing -Correct Answer-using money to make money Principal -Correct Answer-initial capital/seed sometimes ACB (adjusted cost base) Fair market value -Correct Answer-current value of a property Return, gain, growth, interest -Correct Answer-profit above the principal Liquidity -Correct Answer-quick, easy, conversion to cash, without affecting value Volatility -Correct Answer-fluctuation in investment value Leveraging -Correct Answer-borrowing mo...

Segregated Funds and Annuities (SFA) Exam 2024 What is Segregated Funds LLQP - SFA VL 01 - Correct Answer-Segregated Fund is also an investment. it is just a fancy version of mutual fund. Segregated Fund is an insurance product, and it is an investment. Segregated Funds offer some unique features that mutual funds generally do not, such as: - Guarantees - Ability to BY-Pass Probate - Creditor Proofing A segregated Fund is a great product but remember it's not Life Insurance! rather, it...

SFA - SEGREGATED FUNDS AND ANNUITIES (advocis material) QUESTIONS AND ANSWERS...

SFA - SEGREGATED FUNDS AND ANNUITIES (advocis material) QUESTIONS AND ANSWERS...