iA Financial Group announced May 14 the expansion of its Prestige preferential pricing. The aim is to enable clients to more easily access lower fees for segregated funds, and to be able to share this preferred pricing with family members, says the company.
Clients can now create family groupings to combine their assets with any family member living at the same address. This makes it easier to reach the required $300,000 minimum to achieve preferential pricing. They will then automatically see a reduction of up to 0.61 per cent in fees. If requested, clients can also share the benefit with extended family living at a different address.
Maximize savings growth
"We know that our clients work hard to save and grow their investments,” said Manon Gauthier, senior vice‑president, individual savings and retirement, iA Financial Group. “Many factors can affect investment growth; market fluctuation, distribution of assets, but also the fees associated with their investment choices. We want to recognize these efforts by extending access to our Prestige preferential pricing to help our clients maximize the growth of their savings and their family members' investments.”
The total assets eligible for the Prestige preferential pricing program remain the same and include all seg fund contracts and guaranteed investments, says iA Financial Group. Prestige preferential pricing applies to all funds available in the Classic and 75/100 series of the IAG Savings and Retirement Plan, as well as My Education+ (RESP).