Navigating the New Era of Total Cost Reporting (TCR)

This presentation discussed the upcoming Total Cost Reporting (TCR) changes effective January 2027. TCR will replace the Management Expense Ratio (MER) with the Fund Expense Ratio (FER), reporting costs in dollar terms. Key elements include lifetime summaries, automatic reset dates, and additional GMWB information. The new system will also introduce a Money Weighted Rate of Return (MWRO), providing personalized investment performance. The presenter emphasized the importance of advisors being well-prepared to address client concerns and leverage TCR as an opportunity to highlight the value of financial advice.

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CE Credits provided by this presentation:

* FP Canada - 1 Financial Planning credit * CIRO (MFD)- 1 Business Conduct Non-Ethics credit (in bundles) * CIRO (ID)- 1 Compliance credit (in bundles) * Advocis - 1 IAFE Approved Ethics credit * CSI - 1 Compliance credit (in bundles) * FSRA - 1 FSRA Approved credit * AIC - 1 Life credit (in AIC bundles & webcasts) * ICS - 1 Seg Fund credit * ICM - 1 Seg Fund credit & acceptable to many other organizations.

Curriculum

1 Chapter · 5 Lessons

1. (Included in full purchase)
  Introduction and Instructions
2. (Included in full purchase)
  The Rules Governing CE Credits
3. (Included in full purchase)
  Presentation Overview
4. (Included in full purchase)
  Presentation Video
5. (Included in full purchase)
  Presenter Resourses

About the Presenter: Ian Kerr

Ian brings extensive investment knowledge and experience to the advisor partnership. His responsibilities are to advisors in the MGA and National Accounts distribution channels. Among these responsibilities are providing education on investment product offerings and ongoing enhancements, with a focus on assisting in the building of quality investment practices. Ian holds a B.Sc. Finance from Alabama State University, where he attended on a golf scholarship. Ian is a past board member with the Herbie Fund through the Hospital for Sick Kids. Currently, he is a member and past chairperson of the Proud Partners Golf committee where all proceeds go toward supporting the construction of the new Mackenzie Health hospital in Vaughan, Ontario.