Pay statements
1. Introduction
Welcome to this training on compensation statements.
As an independent financial advisor, the precise management of your compensation is a…
2. Knowing how to differentiate between compensation and commissions
In the Canadian financial landscape, semantic clarity is the foundation of ethics and compliance. For a financial advisor, understanding the…
3. Where and how to view your compensation statements
As an independent financial advisor in Canada, you generate two main types of compensation:
insurance commissions (life, health, etc.),
investment…
4. Insurance compensation and its dual verification source
Insurance compensation is generated by insurers (Manulife, Industrial Alliance, etc.) and sent to the General Agent (SFG).
4.1. Institutions/insurers platforms…
5. Investment compensation and its sole source VieFund
Investment compensation (recurring service fees, sales commissions) is treated separately and is managed in VieFund.
Description: VieFund (accessible via the…
6. The importance of communication (Zendesk)
If you see a discrepancy between an insurer’s statement (primary source) and what is displayed in Centralize or VieFund, you…
7. Certificate renewal data
The need for this data is mainly for ongoing compliance and renewal of the certificate with the regulatory authority of…
8.1. Assumption Life – remuneration statement
Log in to the Portal: Go to the Assumption Life website and log in to your account via the “Advisor…
8.2. Beneva – remuneration statement
Log in to the Portal: Log in to the Beneva platform by selecting “Beneva SSQ” and entering your user ID.…
8.3. Empire Life – remuneration statement
Log in to the Portal: Access your account through the Empire Life advisor portal.
Access Compensation Section: From the main…
8.4. Equitable – compensation statement
Log in to the Portal: Access your advisor account on the Equitable Life platform.
Access Compensation Section: On the homepage,…
8.5 Humania – compensation statement
Log in to the Portal: Access the Humania Assurance Extraweb platform and log in with your credentials.
Navigate to Documents…
8.6 IA – compensation statement
Login and Security: Log in to the iA advisor portal and complete the two-factor authentication (2FA) process.
Navigate to Compensation:…
8.7 Ivari – compensation statement
Log in to the Portal: Access your advisor account on the Ivari website.
Access Dashboard: Once logged in, go to…
8.8 Manulife – compensation statement
Log in: Sign in to your account on the Manulife advisor portal.
Access Compensation Portal: Once logged in, locate and…
8.9. RBC – remuneration statement
Log in to the Portal: Access your RBC Secure Centre and log in with your credentials.
Access Compensation: On the…
8.10 SunLife – remuneration statement
Log in to the Portal: Sign in to the Sun Life advisor platform using your access code.
Access Tools: In…
8.11 UV insurance – remuneration statement
Login and Security: Log in to the UV Insurance platform and complete the two-factor authentication process.
Navigate to Compensation: From…
9. Conclusion
We are coming to the end of this training. You now have all the knowledge you need to control the…