Rate Changes March 27, 2024 | Hubert Financial | Discussion forum

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Meh ... no matter.

Like many others, I'm on my way outa there.

Dean

Dean said
.
Meh ... no matter.

Like many others, I'm on my way outa there.

Dean

  

Have you found any financial institutions that come close to offering the online and self-serve options of the ‘old’ Hubert? Just wondering because almost all of our RSPs (soon to be RIFs) are currently with Hubert. Thanks.

MDJ said

Fees?? Is that fact or fiction? There still is some competition that’s all free as well and with same or better rates.  

Could you please provide a list of few instead of just saying 'there are few'...

But established, with internet banking, live support, ability o link external accounts, etc.

@BillieBob

Have you found any financial institutions that come close to offering the online and self-serve options of the ‘old’ Hubert? Just wondering because almost all of our RSPs (soon to be RIFs) are currently with Hubert. Thanks.

The old Hubert was the best. And I doubt that Access will ever come near to duplicating it. The new Hubert doesn’t even let you know, in advance, of what your upcoming RIF payment will be. You can listen to all the BS that Access is shelling out BUT the system is incapable of coming close to the old Hubert and they know it. I imagine they are not appealing to new customers and are losing their long time loyal customers. I would be curios to know how much they have lost.

Once Oaken institutes RRIF savings accounts, each and every dollar that comes available to me, will move out of Hubert.

cgouimet said

The question was directly to you ...  

Hi. Firstly I said…… There still is some competition that’s all free as well and with same or better rates.…. I did not say a few.

While each FI will have their quirks and will not match the old Hubert, 2 alternatives are Peoples Group and Oaken. Once Oaken has RRIF savings (apparently start of summer) they will be as good as old
Hubert and all free including transfer outs. People’s Bank has non registered only and needs phone calls to set up interest payments and maturity instructions. Same for People’s Trust but they have TFSA but no RRIF. There still maybe more in Manitoba as well but have not kept up on what others are offering.

Dean said

R.I.P. 'Old' Hubert Financial.  

Pretty well impossible to rest in peace when the handful of folks are constantly harping on it. Reminds me of the wife "forgiving" me for washing some of her tops with my blue jeans (who knew) yet reminds me of that faux pas on a weekly basis for the past 40 years.

I guess some people are just not happy unless they are constantly unhappy.

Case1030 said

I guess some people are just not happy unless they are constantly unhappy.   

Repetitively. Must have gotten their boots overfilled or something.

phrank said

Do you even recognize the stupidity of complaining about other people complaining? At least they have a reason to complain. They're not happy about the level of service they are receiving and other customers can find this helpful.

You just hypocritically complaining and attempting to control others is entirely pointless blather.

So fill yer boots, grab a snickers and chew it well   

I can smell the overflow from here and it ain't Snickers ...

phrank said

Do you even recognize the stupidity of complaining about other people complaining?   

You've confused with . I find youse guys highly amusing in a Jethro Bodine kinda way.

And I *do* thank y'all for this inexpensive entertainment. May it continue on well into the future.

BillieBob said
Aren’t minimum RIF withdrawals/payments based on a specific percentage relating to the age of the RIF holder? Wouldn’t the holder be able to calculate the amount themselves?  

You can find charts that advise the % that you will receive based on your total value of your RRIF as of previous year end December 31. The charts are on numerous financial web sites. Hubert used to provide a RRIF statement in January that included your exact date and amount that you will receive. You can set up any date you like. They no longer provide that statement. I called about it and was advised to check the CRA site to obtain my %. <= ridiculous response. I tried to figure out my year end value, which I am sure they have. It’s too time consuming to figure out your year end value. But no help from them! The amount I roughly figured out and the amount paid out was different.

If I look at my Oaken account I can already see my 2025 payment.

Hubert is, now, so Hokey Pokey.

I need to know the EXACT amounts. My financial plans don’t revolve around what crap Hubert expects me to accept. I have commitments to make with the mandatory amounts and need to arrange excess RRIF withdrawals as well.

I suspect that most FIs have and report the RRIF payment beforehand and perhaps is mandatory? So this means that ALL Access customers are not advised?

Often no matter who you call about RRIFs .. expect an irresponsible answer from an incompetent employee. The odd time you will talk to someone that is knowledgeable. In the “good” old version of Hubert if who you were talking to someone that didn’t know, they would transfer to someone who did. That is called customer satisfaction. But today they have call takers that pass the situation to the back office and you never hear back from them.