Desjardins Helios Suspends its GMWB or GLWB for now…

Urgent NEWS… As of April 27th 2012, Desjardins will no longer give new clients the opportunity to receive the GLWB or GMWB guarantee inside their Helios Investment Product. Yet another company has pulled back from this industry as Historically Low Interest Rates...

A GMWB and a GLWB are the same…

Did you know a GMWB and a GLWB are all the same, other than the name… A GMWB or (Guaranteed Minimum Withdrawal Benefit) functions in the exact same manner as a GLWB (Guaranteed Lifetime Withdrawal Benefit), it only depends on what company you are dealing with to...

Standard Life’s Ideal Income GLWB is on its way out…

It was announced today that Standard Life will no longer accept new deposits into its GMWB or Guaranteed Minimum Withdrawal Benefit Savings and Income Program. Standard Life uses the acronym GLWB which stands for a Guaranteed Lifetime Withdrawal Benefit, but is in...

Why GMWB’s are so popular…

A new style of investment has been Sweeping the Investing World and it is called a GMWB, or a Guaranteed Minimum Withdrawal Benefit product. A GMWB is similar to a Life Annuity but with many additional features. Generally when you invest in a Life Annuity you are...

Welcome…

Welcome to Canada’s premium resource for all things that are GMWB. If you haven’t heard of a GMWB or a Guaranteed Minimum Withdrawal Benefit as of yet, then this is the site for you. We have compiled all the information from all the Companies who have one of these...