Jan 17 Quiz

There are different ways to calculate an investor’s rate of return. What method gives you the most accurate personal view of how your contract and funds performed?

ROR (simple rate of return)

MWROR (money-weighted rate of return)

TWROR (time-weighted rate of return)

AVG (average)

Will clients still be able to invest in AT5, T5, or T8 series after January 31, 2020?

True

False

Can a client switch from a FEL fund to a CB fund?

True

False

Using IFAST Base, do we send nominee account statements to clients for Edward Jones Dealer (9844)?

True

False

How have the maximum annual income payments for Ontario, Manitoba, NF and Alberta been calculated for 2020?

The result using the factor (Market value X % of client's age)

The result using the factor (Book Value X % of client's age)

The current year’s investment returns

The previous year’s investment returns

In terms of adding beneficiary designation on file can a client choose to add dollars values instead of percentage for allocations?

True

False

If you notice an error in terms of withholding taxes (can be more or less) on a client's account what actions must you take to make the corrections? Assuming that you spoke about it during the call.

Consult with a KS/TL and send the request to OPS

Consult with a KS/TL and send the request Case Res

Consult with a KS/TL and send the request to IFDS

Consult with a KS/TL and wait till the requester calls back

Is Sun GIF Solution Sun Life Granite Balanced Growth SE132 available for new purchases for clients aged 85?

True

False

Will Sun Life Invesco Canadian Class fund be an impacted fund and re-designated to series A or F?

True

False

What if an Investor would like to continue the monthly T-series distributions?

Investors and Advisors are able to establish new Systematic Withdrawal Plans on the continuing series or switch into a different T5 or T8 Series should they wish to maintain monthly cash flows by submitting instructions on a Letter of Direction (LOD).

Investors and Advisors are able to establish new Pre-Authorized payment plans on the continuing series or switch into a different T5 or T8 Series should they wish to maintain monthly cash flows by submitting instructions on a Letter of Direction (LOD).

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