We are pleased to announce that ScotiaMcLeod* has signed an agreement with Manulife Financial to offer Manulife group savings products to ScotiaMcLeod plan sponsors. This means that in addition to ScotiaMcLeod's industry-leading "self-directed" plan structure, we can offer group plan sponsors a simpler second plan structure, which may be more appropriate in some cases.

This unique alliance is effective March 1, 2003. This will provide our plan sponsors with the ability to select an alternative group product offering to meet specific plan needs. We have already seen some very successful plans where both ScotiaMcLeod and Manulife are offered in parallel.

The specific Manulife products include group RRSPs, defined contribution pension plans, deferred profit sharing plans, non-registered savings plans, investment service only contracts, and share ownership plans.

As one of Canada’s premier insurance companies, Manulife is a well recognized name in the Canadian marketplace. Additionally, they have a significant presence in the group market and continue to invest in their products and service. For ScotiaMcLeod, this increases the depth of group products we can offer to our corporate clients, and can help to match your member's needs with the best plan structures available.

Please contact your ScotiaMcLeod Wealth Advisor to discuss how the Manulife plan offered through ScotiaMcLeod may benefit your members.

*Offered through ScotiaMcLeod Financial Services Inc.

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