Winnipeg Free Press, Thursday, February 15, 2001, Page 82

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Winnipeg Free Press (Newspaper) - February 15, 2001, Winnipeg, Manitoba 12 The Jewish Post fc News Financial Guide 2001 Fund transfers can be a headache SOP I recently transferred some registered funds from one financial Institution to an I was in formed That it would take be tween four and six It took just under two I was not very im THREE REASONS TO CALL TOD AY 1 competitive GIC rates up to a full percent higher than bank rates minimum sizes may apply 2 personalized service even a home visit if needed 3 complete confidentiality Whether rate shopping or for a full portfolio call Peter Arnold 9822619 email RBC DOMINION SECURITIES ROYAL INVESTMENT SERVICES Rates subject to change availability Canadian Investor Protection Fund pressed with the length of time It the money was not earning anything in the How long should It take to transfer funds And why would it take so long Transferring regis tered and tered funds can be quite a Even if you or your adviser have all of the docu ments in events might occur that slow the The more people in in the the longer the transfer will take and the greater a possibility that some thing will go That is not to say that there are no timely After having dis cussed this subject with several Canadian finan cial we have determined that there are no hardand fast There are policies and generally accepted industry prac that suggest that if all the documents are accu rate and the transfer should take place start to finish within three There is no particular section in the Quebec Securities Act Regulations that states how long take to transfer securities from one dealer to an Sec tion 235 of the Regula tions mentions that registered person must use the care that is com mensurate and ex from an in formed According to the Ca Bankers Asso and rules con in the Interbank Procedures and Stand ards there will be different delays de pending on whether you are transferring registered plans or mutual If you are transferring such as guaranteed in vestment certificates or term take seven business days 12 business days during sea That seven to 12 days from the time the documents reach the branch or process ing centre orthe matu rity date of the deposit whichever is Mutual funds should be transferred within five to 10 business In order to facilitate a reasonably fast and painless transfer of ac you should en sure that all the paper work is in excellent or accu rate and This is up to your ad viser or the financial institution receiving the you are at the mercy of the financial institution relinquishing the funds and the other tion receiving the lory Capital a full service Investment dealer I ory Capital was existing Winnipeg operations of Gordon Private thp tho nf rated under the laws of the Province of Mani toba on March jory represents the Client The underlying investment practice was established in I II under new of the pre jory Capital is a research full service Long Term Strategic Thinking Commodity Exchange Tower 360 Main Suite 2070 Manitoba 1 8005454069 Member of CIPF investment dealer with tional pension management accounts under jory Capital also provides corpo rate finance and investment counselling services to corporate and jory Capital focuses on complimentary business units in Government Corporate Institutional Pension Fund Management and Risk TD Waterhouse Institutional Services is the cus of Jory Capitals nonregistered client as sets and provides jory Capital with ongoing back office Montreal Trust is the of jory Capitals registered client Jory Capital employs 16 including 3 overseas offices staffed by economic research associates in japan Co lumbia El Para Jory Capital has a commitment to hiring the very best in human jory Capital has attracted talent from a wide variety of This allows jory Capital to build a allow it to tap into a pool of talented individuals with varied backgrounds and Jory Capital is a member of the Investment Dealers Association of Canadian Venture Winnipeg Commodity Exchange and the International Foundations of Employee Ben Jory Capitals Board of Directors includes John Crow private business person of ON former Governor of the Bank of Lorraine Mahoney President of Allan Smart Associates of Kelven Greenhouses Of Murdoch QC of the law firm Duboff Edwards Haight Schacter and Patrick CEO of jory

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Other Editions of Winnipeg Free Press

Winnipeg Free Press Monday, July 06, 1874, Manitoba

Winnipeg Free Press Tuesday, July 07, 1874, Manitoba

Winnipeg Free Press Wednesday, July 08, 1874, Manitoba

Winnipeg Free Press Thursday, July 09, 1874, Manitoba

Winnipeg Free Press Friday, July 10, 1874, Manitoba

Winnipeg Free Press Saturday, July 11, 1874, Manitoba

Winnipeg Free Press Monday, July 13, 1874, Manitoba

Winnipeg Free Press Tuesday, July 14, 1874, Manitoba

Winnipeg Free Press Tuesday, July 14, 1874, Manitoba

Other Editions from Thursday, February 15, 2001

Bedford Gazette Thursday, February 15, 2001 ,Pennsylvania

Altoona Mirror Thursday, February 15, 2001 ,Pennsylvania

Kingston Gleaner Thursday, February 15, 2001 ,Kingston

Kokomo Tribune Thursday, February 15, 2001 ,Indiana

Clearfield Progress Thursday, February 15, 2001 ,Pennsylvania

Mexia Daily News Thursday, February 15, 2001 ,Texas

Syracuse Herald Journal Thursday, February 15, 2001 ,New York

Daily Globe Thursday, February 15, 2001 ,Michigan

Ruston Daily Leader Thursday, February 15, 2001 ,Louisiana

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