Privacy Policy

In our industry, personal information is essential to conduct business with you and for that reason we are committed to protecting the confidentiality of the information you entrust to our care.

This information may include but is not limited to:

a) Basic information such as name, address, phone number, date of birth etc;.
b) Banking information, SIN number, copies of identification including photo identification;
c) Account statements from other firms, including banks, trust companies or fund companies;
d) Pension plan information;
e) Legal documents including wills, trusts and powers of attorney; and
f) Any income tax information;

As your advisor, I may use and disclose this information to:

• Communicate with you in a timely and efficient manner;
• Assess your application for investment, insurance and other services available to you by this office;
• Assess your financial situation and contact you with any other suitable products that McColl Financial Services is authorized to sell;
• Evaluate claims and underwriting risks when required;
• Detect and prevent fraud;
• Analyze business results; and
• Act as required or authorized by law.

As your advisor, I will not

• Share your client information with organizations outside of our relationship that would use it to contact you about their own products or services.

As our client, you have the following rights concerning your privacy:

• You have the right to know why an organization collects, uses or discloses your personal information;
• You have the right to expect an organization to handle your information reasonably and to not use it for any other purpose other than the one to which you consented;
• You have the right to know who in an organization is responsible for protecting my information;
• You have the right to expect an organization to protect your information from unauthorized disclosure;
• You have the right to inspect the information an organization holds about you and make sure it is accurate, complete and current;
• You have the right to expect an organization to destroy your information when requested or when no longer required for the intended original purpose;
• You have the right to confidentially complain to an organization about how it handles your information and may escalate your complaint to the Privacy Commissioner of Canada if need be; and
• You have the right to remove your consent at any time by contacting your advisor in writing.

If you wish to withdraw your consent, you may limit or prevent us from providing service or products you desire. If you have any questions or concerns, please contact our office at 1-800-268-2623.

LETTER OF DISCLOSURE

As a Financial Planner, I provide financial planning services through McColl Financial Services Inc., a company which I incorporated in 1998 with my partner, Linda McColl. Linda is a licensed life Insurance agent, mutual fund assistant and registered deposit broker. The licensing arrangements made with individual companies, allow us to provide a complete range of services and products and I wish to provide you with an understanding as to how we are compensated.

In the course of providing these services we have the following relationships:

Insurance Products: As an agent of McColl Financial Services Inc., I am contracted as an insurance broker with BridgeForce Financial Group, Programmed Insurance Brokers Inc. and Edge Benefits. Through these agencies, my insurance license allows me to sell life, disability, critical illness, health insurance and investment products from many companies. If you decide to purchase a product, I will be compensated by sales commission and may receive a renewal or service fee. The contract you purchase is between you and the insurance company, with me acting as agent. I have no beneficial interest in any insurance companies. As a result of any purchase, you are not obligated to transact additional or other business with the insurance company. In some cases, our suppliers and/or our MGA offer us travel allowances for conventions and/or contest rewards based on my sales productivity.

Mutual Funds & Segregated Funds: Mutual fund and segregated fund sales are through Worldsource Financial Management Inc., a Mutual Fund Dealer and member of the Mutual Fund Dealer Association (MFDA). I receive commissions from the sale of funds through this company with a portion of all commissions retained by Worldsource Financial Management Inc., as compensation for their services.

Term Deposits & Banking Products: As an independent broker with Deposit Broker Services Inc., we have access to term deposits and banking products offered by many financial institutions including banks, trust companies and credit unions. Commission for term deposits is paid at the time of purchase whereas banking products pay commission as percentage of account value.

As a Financial Planner at Worldsource Financial Management Inc. I may also facilitate access to specific products/services that I do not offer through referrals and receive compensation in the form of a referral fee.

In the course of any relationship that may develop between us, I will disclose to you the following information:

• The nature of the financial product recommended to you.
• The cost or redemption fee (if any) for each financial product you purchase.
• Commissions / fees, if any, beyond that disclosed in the offering document.
• Any referral fees that I may earn that relate to my relationship with you.
• The investment risk to you associated with any financial product you may purchase.
• Any potential of a conflict of interest or expected benefit, direct or indirect, I may have in connection with any product I recommend to you.