A Guide for Mutual Fund and Insurance Clients
* All references made to "Independent Planning Group Inc, IPG Insurance Inc or Canwealth Financial Services." (IPG) includes: all IPG officers & directors, managers, employees, registered representatives, insurance agents, advisors, associates (and their employees).
PURPOSE FOR COLLECTING PERSONAL INFORMATION: When you complete account documentation such as a New Client Application Form, an Independent Planning Group Inc. Know-Your-Client Form (KYC Form), Independent Planning Group Inc. Account Change or New Investment Application Form, insurance company application form or fund company application form, you are providing personal information and thereby providing consent to collect, hold, disclose and use personal information to Independent Planning Group Inc. and/or IPG Insurance, including, where applicable, information concerning your spouse and beneficiary in order to:
open a new insurance or investment account with Independent Planning Group Inc./IPG Insurance/mutual fund company/insurance company;
assist your mutual fund advisor or life insurance agent in creating a financial plan for you
make a new investment or contribute to an existing investment;
redeem monies from an existing investment;
apply for additional insurance coverage or amend existing insurance coverage
COLLECTING, HOLDING, USING AND DISCLOSING PERSONAL INFORMATION IN YOUR CLIENT RECORD: Independent Planning Group Inc., IPG Insurance, or one of its mutual fund advisors, life insurance agents (or one of their employees) may collect, hold and use the personal information in your client record as well as collect personal information from or disclose your personal information to third parties identified in section 4 for the following purposes:
(a) identifying you and ensuring the accuracy of information contained in
your client record;
(b) assisting your financial advisor or insurance agent in determining the
suitability of your investments or life policy;
assisting a mutual fund company or life insurance company with establishing and administering your account;
facilitating a transaction with a mutual fund company or insurance company;
fixing errors on your accounts at Independent Planning Group Inc., a mutual fund company or an insurance company;
providing you and your financial advisor or insurance agent with investment account statements, life insurance policy details, transaction confirmations and other information which you or your financial advisor or insurance agent may request as needed to service your accounts;
meeting legal and regulatory requirements;
LOCATION OF CLIENT RECORD: Your client record may be kept in electronic format at Independent Planning Group Inc., IPG Insurance, or one of its mutual fund advisor or life insurance agent's offices. Paper records forming part of your client record may be kept at Independent Planning Group Inc., at one of several branch offices of Independent Planning Group Inc., and/or at a related mutual fund company or life insurance company. Client records may also be kept in offsite storage and these may be transferred to other locations for disaster recovery purposes.
RIGHT TO ACCESS AND AMEND PERSONAL INFORMATION RECORDS: Except in limited circumstances prescribed by the Protection of Personal Information and Electronic Documents Act and similar provincial privacy protection legislation, you are entitled to access, through a written request, the personal information contained in your client record. Please contact your advisor or life insurance agent to obtain personal information in your client record. You may verify this information and request that any inaccurate information be corrected.
CHANGES TO YOUR PERSONAL INFORMATION: Please inform Independent Planning Group Inc., IPG Insurance Inc., your mutual fund advisor or life insurance agent of any change in the personal information that you have provided by contacting your financial advisor or insurance agent at the phone number or email address that he/she has provided to you.