The ILA Self-Directed Group RRSP and Savings Program have been designed to provide members with professional, unbiased financial advice and a simple and disciplined way to save. Ben Smit at National Bank Financial will administer the program. Among the plan's many features members may choose from:

• A personal RRSP.
• A spousal RRSP.
• A locked-in RRSP (to receive post 1992 RPP contributions).
• No Annual RRSP administration fee (normally $125.00 per year).
• Personal and spousal RRSP's currently held elsewhere can be transferred into the program at NO CHARGE, National Bank Financial will cover these transfer fees.
• Automatic payroll deductions result in an immediate reduction in taxes (no waiting for tax refunds).
• Additional contributions can be made at any time.
• A choice of investments as wide as RRSP rules permit.
• A choice of the widest possible selection of suppliers (such as trust companies and other GIC insurers, mutual fund management companies, federal and provincial governments, hydro and commercial bond issuers).
• Additional Payroll deductions can be made at any time to start a non-RRSP savings plan.
• Lump sum deposits can be made directly to the non-RRSP savings program.
• Investments can be transferred at any time to another financial institution or cashed in, subject to a modest fee, legal requirements and withholding taxes.
• A statement showing the current value of every investment is issued at least four times a year and a statement is generated for every month when there is activity.

A major benefit of the plan is that National Bank Financial will provide a personal financial advisor to help members choose investments that are consistent with their financial objectives. This advisor will be well versed with the ILA plan and its underlying objective "to improve return on investment while protecting funds". Members may decide how their money is invested, but the advisor will recommend only those investments that are consistent with the individual's stated financial objectives.

The plan provides a unique opportunity for members to mange their money as effectively possible by grouping all of their RRSP and savings investments. Instead of having a variety of GIC's and investments in different places, members may, if they wish, bring all of the investments into a single plan that is monitored by a personal advisor.

If you have any questions at all, please do not hesitate to call Ben Smit at National Bank Financial toll free 1-888-330-6622 ext. 5527 or 250-717-5510 or email ben.smit@nbf.ca

National Bank Financial providing professional investment advice and no fee self directed RSP's for ILA Members.

To learn more about National Bank Financial go to: www.nbfinancial.com

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