June 2017

New Obligations: Politically Exposed Persons and Heads of International Organizations 

Effective June 17, 2017, amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and associated regulations resulted in new obligations regarding politically exposed persons (PEPs)—both domestic and foreign— as well as heads of international organizations (HIOs). FINTRAC has published guidance describing these obligations.

Learn More About Group Benefits Back Office Support Services

In all we do, we are dedicated to going beyond the expected. A prime example in support of this mission statement is the back office support services offered by our Group Benefits team.

We would be remiss if we didn’t state at the outset that there are no fees for this support. As the advisor, you receive 100% of the commissions and are paid directly by the insurance carrier.

So what types of back office support services are offered? Consider the following examples: