Ideal Term Funds
If safety is what your clients are looking for, talk to them about Standard Life’s Ideal Term Funds. As with GICs, Ideal Term Funds are secure and deliver predictable income.
Ideal Term Funds have additional features:
- Designate a beneficiary for non-registered and registered funds
- Beneficiaries receive the death benefit directly and tax-free without probate1 fees or other estate charges
- Death benefits are not subject to surrender charges, fees or Market Value Adjustments
- Potential for creditor protection2
- Pension income tax credits and, in some cases, the ability to split income based on provincial and federal tax rules
The flexibility of Ideal Term Funds allows you to meet your clients' needs whether they are saving for retirement or are already retired and drawing an income from their savings.
Take a look at our Ideal Term Fund rates or for more information contact one of our regional sales offices.
1 Not applicable in Québec as notarial wills do not need to be probated by the court and,
for holograph wills and wills made in the presence of witnesses, probate fees are minimal.
2 Since there are some circumstances where creditor protection may not apply, it is recommended
that your clients consult a legal advisor to find out if they are eligible for this kind of protection.
