RBC Insurance | Create and protect your wealth

advertisement
RBC Insurance
Create and Protect Your Wealth
PRESENTED BY:
Date: September 12th, 2014
1
Agenda
 Why Segregated Funds - Value Proposition
 The Market Opportunity for You
 Why RBC GIF/POA – Strength, Value, Advice
2
2
The Uncertain Road – TSX MARKET DOWNTURN
3
Enhancing Your Value Proposition
• More opportunities
• Ongoing renewal
commission
• Build a fence
4
The Market Opportunity for You
Segregated Fund Assets (in Billions)
$92
$90
$88
$86
$84
$82
$80
$78
$76
$74
$72
Dec.2009
Dec.2010
Dec.2011
• $91.6B at end of December 2012
• Expected growth by 2018 to $160.4B
5
Dec.2012
Target Clients
 Age 45+, Pre-retirees and
retirees
 Saving for retirement
 Looking for efficient
transfer of wealth
 Previously Married
 Self Employed
 Income Splitting
6
WHY RBC GIF/POA
Strength
$300 Billion + AUM
Simplicity
Simple product
structure
7
Trust
RBC, a trusted brand,
a Canadian institution
Who is RBC Global Asset Management?
Manager of over $300B + in AUM
8
RBC Guaranteed Investment Funds DSC/LSC/ISC
9
RBC Canadian Dividend
 Looking for above average dividend returns of major
Canadian companies
 Managed by Doug Raymond and Stuart Kedwell since 2007
 Mutual fund assets of $17.11B
10
RBC North American Value GIF
A value approach backed by proven management
• Consistency! Just one of many reasons to invest in this
fund
• Underlying fund providing top-quartile performance for 13
consecutive quarters
• Underlying fund Morningstar Rating = 5 star
11
RBC GIF – Competitive Advantage
 10 year 75% Maturity Guarantee*
 100% Death benefit Guarantee for deposits made before age 80. 80%
Death Benefit for deposits made after age 80*
 Deposits are accepted to age 90 with no restrictions on investment
choices
 Resets are available once a year to age 90 on our Portfolio Solutions
(Series 2)
 Strong fund line –up including RBC Funds and PH&N managed by RBC
Global Asset Management Inc.
12
RBC Insurance Solutions
Case Studies
How Can We Help You
13
Case Study 1 – Defer Income
 55 year old male, planning to retire at
age 65
 Guaranteed income for life
 $200,000 to invest
 Risk averse, looking for growth
 Sensitive to MER’s
14
RBC Insurance
Case Study 1: Invest and defer income 10
years
RBC GIF + POA purchased in year 11
RBC POA
Initial Investment Year 1
RBC GIF
$200,000
$278,036
Investment in POA in Year 11/RBC GIF
Balance
$ 181,023
$97,013
Annual guaranteed income starting in year
11
$ 13,006
-
- Guaranteed Income for Life of $13,006
- RBC GIF Portion provides all the benefits of
seg funds plus access to cash without affecting
guaranteed income
15
RBC Insurance
Protecting Your Wealth
16
Protecting your “nest egg”
 Insure your paycheque so that you can continue to fund
your lifestyle and support your family in the event that
you cannot work due to injury or illness.
 Continue to save for retirement – even if your earnings
are disrupted for a period of time by injury or illness.
 Secure additional dollars to help subsidize the potential
costs associated with being critically ill – such as out of
pocket medical expenses, alternative treatments, or
private care.
17
RBC Disability Insurance – Recent Enhancements
 Increased issue limits
• For individual disability insurance and guaranteed standard issue
 New special program for established professionals
 New Fundamental Series applications & Feature Summary
 New sales tools & resources
• www.rbcinsurance.com/salesresourcecentre
18
RBC Critical Illness Insurance – Recent Enhancements
 CI Re-price
• Rates on T10 decreased by an average of 12.2%
• Rates on level T65 increased by an average of 7.2%
• Rates on level T75 increased by an average of 4.7%
 Change in definitions to adhere to CLHIA definitions
 Changes to Best Doctors eligibility criteria
 Increased renewal compensation for T10
19
Download
Related flashcards

Investment banks

66 cards

Goldman Sachs

12 cards

Create Flashcards