News

2019 contribution receipts were mailed on January 10 and made available on InvestorAccess and AdvisorAccess on January 10. Receipts for one-time purchases made to individual RSP accounts during the first 60 days of 2020 will be mailed and posted online as contributions are processed.

TORONTO ­– December 13, 2019 – Mackenzie Financial Corporation (Mackenzie Investments), part of IGM Financial Inc. (TSX: IGM), today announced that Mackenzie Master Limited Partnership (Stock Symbol MKZ-UN, CUSIP 554905109) has estimated a distribution of partnership income as follows:

TORONTO ­– December 11, 2019 – Mackenzie Investments announced today that Todd Mattina will be returning to the company as Chief Economist and Senior Vice-President as of January 6, 2020.

TORONTO ­– November 29, 2019 – Mackenzie Investments today announced a special cash distribution for the Exchange Traded Fund (“ETFs”) listed below that trades on the Toronto Stock Exchange (TSX). Unitholders of record on December 6, 2019 will receive cash distributions payable on December 13, 2019. 

TORONTO ­– November 15, 2019 – Mackenzie Investments today announced the estimated year-end reinvested distributions for its exchange-traded funds (“ETFs”) that trade on the Toronto Stock Exchange (“TSX”) and Aequitas NEO Exchange (“NEO”) for the 2019 tax year. Please note that these are estimated amounts only as of October 24, 2019. The actual reinvested distributions may differ materially from these estimates.    

TORONTO ­– November 15, 2019 – Mackenzie Investments today announced the estimated year-end reinvested distributions for its exchange-traded funds (“ETFs”) that trade on the Toronto Stock Exchange (“TSX”) and Aequitas NEO Exchange (“NEO”) for the 2019 tax year. Please note that these are estimated amounts only as of October 24, 2019. The actual reinvested distributions may differ materially from these estimates.    

Value of advice takes on added importance with two-thirds of Canadians wanting to be more informed about the logistics of retirement    

TORONTO - November 13, 2019 - Mackenzie Investments today released the results of a study that shows that there is a significant opportunity for Canada’s financial advisors to help Canadians better understand the details involved in making the transition to retirement.

According to the study, conducted by Pollara Strategic Insights for Mackenzie:

• Sixty-one per cent of Canadians (47 per cent of Boomers) want to know more about what is involved in making the transition to retirement;
• Less than a quarter are very familiar with how the Canada Pension Plan works, when and how to convert their RRSPs to RRIFs, and how they’ll be taxed in retirement; and
• Fifty-three per cent (67 per cent of Boomers) feel confident that they will be able to manage their investments during their retirement years.

Further, 72 per cent of respondents (74 per cent of Boomers) feel that there is opportunity to put more emphasis on helping people better understand all the components of successful retirement planning, beyond simply saving.

“Canadians in general, and Boomers in particular, are seeking advice on the details involved in making the successful transition to retirement,” said Carol Bezaire, Vice-President, Tax, Estate & Strategic Philanthropy, Mackenzie Investments. “This provides Canada’s financial advisors with a tremendous opportunity. As people approach retirement it’s clear that there’s more of a premium put on the value of advice as areas like tax and estate planning and optimizing investments during retirement take on added importance.”

“It’s a particularly important time for Canada’s Boomers.  Not only are they having to learn a whole new set of rules as they approach retirement but many are also managing the complexity of inheriting significant sums as the world goes through the largest transfer of wealth in history.  An advisor can play an important role in helping clients successfully stickhandle this critical life stage. ”

2018 contribution receipts were mailed on January 11 and made available on InvestorAccess and AdvisorAccess on January 11. Receipts for one-time purchases made to individual RSP accounts during the first 60 days of 2019 will be mailed and posted online as contributions are processed.

To be eligible for a 2018 tax receipt, donations must be received in good order by the Strategic Charitable Giving Foundation, by 4pm (EST) on December 31, 2018.

We are committed to supporting you in helping your clients achieve their goals. With that in mind, we are responding to changes to the markets, the industry and regulatory environment with a number of initiatives and enhancements.

Mackenzie Investments is committed to offering you competitive, simplified and more accessible pricing structures. In Spring 2018, we lowered fees and simplified the pricing structure of our Private Wealth and fee-based offering.

Mackenzie is introducing and proposing enhancements that will make our product shelf simpler to understand and easier to navigate.

Effective June 1, 2018, Mackenzie Investments will have a lower, simplified and more accessible pricing structure for investors. The changes will also require the consolidation or re-designation of certain fund series.

2017 contribution receipts were mailed on January 12 and made available on InvestorAccess and AdvisorAccess on January 10. Receipts for one-time purchases made to individual RRSP accounts during the first 60 days of 2018 will be mailed and posted online as contributions are processed.