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Email this4:47 pm
January 3, 2013
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It seems to be this doc:
https://www.cba.ca/Assets/CBA/Files/Article%20Category/PDF/vol_20090000_guidelinesfortransfersofplans_en.pdf
Mutual Fund Type Registered Plans
Transfers of mutual fund type registered plans by chartered banks will be processed according to processing guidelines
for registered account transfers available through the Investment Funds Institute of Canada. (Regulation 81-102 governs
payment of proceeds upon redemption). Call the Regulations Department of IFIC at (416) 363-2150 or access the
guidelines at the IFIC website at http://www.ific.ca.
6:38 pm
January 3, 2013
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I got a follow up call from Oaken's management. They are putting the blame on Manulife as they said the agent they worked with from Manulife kept giving them contradicting information.
Oh well, that's the game to stay between to banks and each of them blaming the other. Oaken offered me 0.05% extra on the interest rate for the 2 plans.
I am not going to do anything else. Really don't have the time and energy for that.
7:05 pm
February 27, 2018
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0.5% or 0.05%?
1/2 of a percent would be nice. 1/20 of a percent not so much.
5 out of every 4 have a problem with fractions
7:32 pm
August 9, 2014
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We really should push FI to transfer all asset from mutual fund or any other asset into saving account before moving to another institutions. This should be automatically conducted immediately after any transfer request for register account.
7:59 pm
January 3, 2013
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Kidd said
0.5% or 0.05%?
1/2 of a percent would be nice. 1/20 of a percent not so much.5 out of every 4 have a problem with fractions
Lol. I would have been in love with them if it was 0.5%! It is ONLY 0.05%. So the %3.25 became 3.30%. It is nothing at all but I am giving up.
8:00 pm
January 3, 2013
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Jon said
We really should push FI to transfer all asset from mutual fund or any other asset into saving account before moving to another institutions. This should be automatically conducted immediately after any transfer request for register account.
Yes, I tried ... they denied as it was a group account.
8:44 pm
October 21, 2013
Online
Kidd said
5 out of every 4 have a problem with fractions
LOL... not to mention percentages!!
8:49 pm
October 21, 2013
Online
Save2Retire@55 said
I got a follow up call from Oaken's management. They are putting the blame on Manulife as they said the agent they worked with from Manulife kept giving them contradicting information.Oh well, that's the game to stay between to banks and each of them blaming the other. Oaken offered me 0.05% extra on the interest rate for the 2 plans.
In the same vein...
computer vs software vs provider;
TV vs cable company;
phone company vs the line inside your house...
"Not my fault," they all say in chorus!
Please write your comments in the forum.