May 2011


A perfect match of income and protection

Are you looking to realize a better after tax return than traditional fixed income investments?  Would you also like to preserve capital to pass on to your heirs? If so, an Insured Annuity may be the right solution. An Insured Annuity provides a guaranteed, tax preferred income stream for as long as you live.  In addition, a tax free death benefit is guaranteed. The objective of the strategy is to provide a better after-tax return on investment than traditional fixed rate investments, while preserving the capital through life insurance.

Why invest in an Insured Annuity?
  • Provides guaranteed, tax efficient income stream for life
  • Guarantees a death benefit
  • Reduces tax
  • Increases returns
  • Increases income 

Who can benefit from this strategy?

A dilemma that many individuals face during retirement is:
“Will I have enough to live on throughout retirement?”

In addition to this, many who want to leave an inheritance or death benefit to their beneficiaries are facing a similar dilemma:
“How much can I leave and still maintain my lifestyle?” 

The Insured Annuity concept may provide a solution to these issues for those who are over the age of 60, in good health, prefer to avoid risk, require an income from their non registered assets, and want to leave a guaranteed death benefit to their heirs or favourite charity.



If you are looking for a balance of steady guaranteed income and the protection of capital to pass to future generations, an Insured Annuity may be a good solution. For more information on this strategy and a complimentary copy of our education article entitled Insured Annuity, please contact your Richardson GMP Investment Advisor.



Previous Tax & Estate Planning Strategies
View items by year:






  • Critical Illness Insurance

    Nov 01, 2011

    Critical Illness isn’t something any of us like to think about, but unfortunately it happens. Despite our progressive healthcare system, we still are faced with increased waiting periods and out of pocket expenses for additional equipment and alternative treatments...
    read more
  • The tax benefits of flow-through share investing

    Oct 01, 2011

    Investing in flow-through shares has been a popular tax reduction strategy for several years in Canada. Flow-through shares allow the issuing company to renounce or “flow through” tax expenses associated with Canadian explora­tion activities to investors...
    read more
  • Modular Benefit Plans

    Sep 01, 2011

    While the cost of group insurance continues to rise, employers are ready to accept reasonable cost increases in order to maintain competitive compensation packages that will help them attract and retain the best employees...
    read more
  • Registered Education Savings Plan

    Aug 01, 2011

    With the ever increasing cost of post secondary education, the tax-deferred growth of a Registered Education Savings Plan (RESP) and the Canada Education Savings Grant (CESG) are attractive ways to plan for this major life event...
    read more
  • Estate bond

    Jul 01, 2011

    Life Insurance can be used as an effective way of accumulating and transferring wealth. An Estate Bond is a financial planning strategy that transfers non registered savings from a tax exposed investment to an exempt life insurance policy...
    read more
  • Cottage succession

    Jun 01, 2011

    For most of us, there are wonderful memories attached to a family cottage. However, at some point, cottage owners will face the financial and emotional challenges of selling or transferring this cherished family asset...
    read more
  • Insured Annuities

    May 01, 2011

    An Insured Annuity provides a guaranteed, tax preferred income stream for as long as you live...
    read more
  • Changes to the Canada Pension Plan and Quebec Pension Plan

    Apr 01, 2011

    The Canada Pension Plan (CPP) has recently implemented changes to benefits that will be phased in gradually over a six year period beginning in January 2011. If you have not already applied for CPP retirement pension benefits...
    read more
  • Tax planning checklist

    Jan 01, 2011

    As we embark on a new year, people tend to turn their attention to planning for the future. While we believe that tax planning should be an integral part of the overall wealth planning...
    read more