Providing financial services since 1974, Riley Financial Group Inc. believes in integrity and honesty.
We are serious about serving clients and our practice is built on our reputation.
Take control of your retirement and income by guaranteeing your income for life. With the lifetime income benefit option, your income won't decrease regardless of how the segregated funds perform unless excess withdrawals are taken. You get protection against the risk of outliving your money, market volatility and inflation.
Segregated fund policies protect part or all of your capital investment. They guarantee the value of the policy on its maturity date, as well as the value received on the death of the last insured person.
When you designate a beneficiary other than your estate, the value of your segregated fund policy flows directly to him or her, generally bypassing the estate and potential probate fees, if any.
Laws may protect a segregated fund policy in the event of bankruptcy or other action by creditors. It's important to note that creditor protection depends on court decisions and applicable legislation, which can be subject to change and can vary in each province; it can never be guaranteed.
Features and guarantees vary by policy and age of annuitant and some limitations apply. Maturity and death benefit guarantees are reduced proportionately by withdrawals.
A description of the key features of the segregated fund policy is contained in the information folder.
Any amount that is allocated to a segregated fund is invested at the risk of the policyowner and may increase or decrease in value.
In Quebec, Freedom 55 Financial is a financial services firm and a firm in financial planning.