Advisor Notifications

Onboarding Notice: Cut-off Date for Transferring of External RIF/LIF Accounts will be Nov 25, 2022

Written by Notification Update | Nov 17, 2022 2:00:00 PM

Please be advised that all external transfers (In & Out) for RIF, LIF, RLIF & PRIF accounts will be suspended during the periods outlined below in order for custodians to properly calculate the minimum payments for these account types. 

As such, all transfers received after November 25th, 2022 will be rejected by our custodian while a new transfer request will need to be submitted after January 1st, 2023.

Accordingly, please prioritize all RIF/LIF transfers going forward in order to meet the cutoff for any crucial transfers.