Exceptional Advice Just Got Easier

1. FP Solutions Exceptional Advice Just Got Easier

3. Who is CCH Canadian Ltd? • CCH is a professional publishing and software company focusing on: • Tax • Financial Planning • Legal, HR and other business areas • CCH is part of a large multi-national corporation named Wolters Kluwer

4. FP Solutions Financial planning software that grows with your practice and adapts to your clients’ changing needs. Business Advanced – Cash flow Plus – Insurance needs analysis Basic– Retirement planning & Sales concepts

5. T1 Tax Calculations Fact Finder Annual Review Tool FP Focus Planning Assistant Common Planning Strategies Value & Return on Advice Planning Concepts Customization Software Support FP Solutions Top 10 Features

6. #1 T1 Tax Calculations • All income taxes are calculated based on CRA guidelines. • Does not require the advisor to make any assumptions relating to the rate of tax. • Highest standard. General Income Tax and Benefit Guide

7. #2 Fact Finder • Fully integrated • Easy to use • Financial Snapshot • Printable • Data entry method • Email to client • Saves time

8. #3 Annual Review Tool • Displays existing data • Method of data entry • Fully integrated • Printable • Highlights changes • Easy to use • Saves time

9. #4 FP Focus • Executive summary covering 9 key areas of financial plan. • Consistent and client-friendly reports • Flexibility to change graphs on the fly.

10. Basic Data Review Data Current Situation Save More Asset Allocation Recommendations Printing the Plan #5 Planning Assistant Guides you through:

11. 20 Strategies covering common areas including: Income Splitting Retirement Strategies Tax Planning RRSP / RRIF Investment Strategies Pension / LIRA #6 Planning Strategies

12. #7 Value of Advice & Return on Advice • Measure of performance • Third party validation • Integrates fees into plan • Calculates return needed outside of the plan • Positions the financial plan as an investment • Best investment clients can make

13. Estate Multiplier Insured Annuity Retirement Leverage RRSP Strategies RRSP Leverage Income Comparison Debt Consolidation Terminal Return Tax Freedom Day Tax Funding Alternatives Investment Strategies Investment Leverage Lost Opportunity Cost #8 Planning Concepts

14. Custom Documents Global, all clients Easy to use 100s of documents 100s of graphs Branding Custom formulas Password protection Client Reports Personalized for each client Fine tuning Permanent record Email to clients Password protection #9 Customization

15. #10 Software Support • Toll-Free Tech Support • 8:00 AM to 8:00 PM (EST) • www.training.cch.ca • Live web classroom • Recordings of live web sessions • Interactive tutorials • Knowledge base • New Tutorial CD • New User Reference Guide

16. IPC Advisor DiscountSingle user license Contact CCH for more information or a free demo 1-800-268-4522 or www.cch.ca

17. Allocate amongst seven different asset categories Automatically calculates annual RRSP contribution maximums and RRIF minimums Tracks both the year end balance and deferred taxes

18. Allocate amongst seven different asset categories Use solve utilities to determine deposits and/or withdrawals Properly track the portfolio balance, ACB, unrealized capital gains and the tax deferred

19. Produce either an RESP or In-trust for account for up to seven children Automatically integrates unfunded expenses with other lifestyle needs Creates projections that track deposits, balance, expenses and government programs (i.e. CESG)

20. Show MPPs, LIRAs, and IPPs Flexibility to choose between LIF or LRIF withdrawals with automatic minimum calculations Keep track of both the living and estate value of the pension plan

21. Model both registered and prescribed annuities with proper cash flow tracking Income and asset value are integrated into full financial plan Use program to calculate income or manually enter the annuity income

22. Handles both principal residences and recreational properties Automatically calculates amortization and integrates payments into cash flow Allows for changes in value of real estate and mortgages in future years

23. Show all types of life insurance including UL, group and joint Import results from various life insurance software projection programs Includes a separate document for leveraging CSV

24. Compares the clients’ goals with three user -definable portfolios Calculates how much client needs to save to attain retirement goals Solve utility helps determine how long assets can provide the desired retirement lifestyle

25. Use the questionnaire provided or manually set the risk tolerance Show different suggested allocations for the non-registered and registered accounts Easily integrate suggested asset allocations into the projections

26. Shows both graphically and numerically the impact of the death of a spouse Clearly illustrates the need for additional life insurance for three different investment strategies Calculates life insurance needs every year of the plan

27. Show the impact of second death on the value of the clients’ estate Automatically calculates the probate and legal fees that occur in estate situations Displays the benefits that life insurance add to an estate

28. Model the issues that arise when a client becomes disabled Performs analysis of both critical illness and long term care needs Compares the after-tax income when disabled to the lifestyle needs

29. Model up to 10 different stock options Both asset value and income generated from options are integrated into full financial plan Tracks the deferred tax and displays the proper tax issues involved with owning options

30. Enter up to five commercial properties along with their mortgages Tracks CCA, maintenance costs and rental income Properties can be sold in any year and recapture or terminal loss is automatically calculated

31. Performs and documents annual T1 tax calculations Shows income and tax thresholds on the same graph Automatically calculates the OAS clawback

32. Fully integrates all cash inflows and outflows on an annual basis Optimize tool automatically determines how cash flow excesses and deficiencies are handled. Clearly outlines disposable income that is available for investing

33. Produces both year-by-year net worth projections and point in time net worth statements Displays any liabilities and/or deferred taxes created from assets Calculates and displays the estate net worth

34. Shows the value of planner advice and proper financial planning Shows the difference in taxes and net worth when two scenarios are compared Focuses on four key areas including income, taxes, cash flow and net worth

35. Indicates the return required on the fees for the plan to get the same results as produced by the advice given Helps demonstrate to clients that fees paid for planning advice are an investment Focuses on taxes, net worth and after-tax net worth

36. Model up to six companies, including two holding companies and four operating companies Both assets and cash flows from the corporations are integrated with the personal financial plan Calculates the estate issues involved in business planning

37. Enter the details of the assets that make up the corporation Make payments to shareholders in the form of dividends, capital gains and shareholder bonuses Tracking of both RDTOH and CDA allows the program to automatically calculate taxable and tax-free dividends

38. Model corporately owned term, whole or UL insurance policies Software tracks the ACB of the policies and allows for the paying of insurance dividends to owners Automatically integrates with the Capital Dividend Account (CDA)

39. Model detailed asset allocation of all corporate investment assets Track corporation cash flow by using the investment deposits and withdrawals Pay dividends out of the investment account and have RDTOH and CDA automatically calculated

40. Display the asset and liabilities attributed for up to five corporately owned real estate properties Rental income is automatically factored into the RDTOH calculations Tracks CCA and allows for disposition of properties at any time

41. Displays the current net worth Determines the retirement income excess or shortfall Shows the current need for life insurance

42. Mirrors the paper version and can be filled out electronically Easy to navigate by both you and your clients Speeds up the data gathering process

43. Displays existing data from FP Solutions files Highlights any data changes that are made Speeds up the review process.

44. Provides space for detailed notes Can be printed blank for use with new clients Captures all of the detailed data necessary to create a plan

45. Illustrates the impact of the concept on the client’s after-tax estate Program automatically creates two scenarios within the existing client file Shows difference in both estate and equity values

46. Illustrates the impact on the client’s after-tax income Program automatically creates two scenarios within the existing client file Projects the future after-tax estate values of both scenarios

47. Illustrates the advantages of tax deferred growth within a life insurance policy Compares a regular investment strategy to borrowing against the cash value of a tax preferred insurance contract Graphically compares both the equity and estate values

48. Allows the comparison of varies strategies within the RRSP accounts Show the advantages of early contributions, maximizing foreign content, and other common strategies Fully integrated with the rest of the program

49. Models the concept of borrowing to top off RRSP contributions Creates leverage scenario and compares it to a regular deposit scenario Integrates with an existing financial plan or can be modeled as a separate concept

50. Educates clients about the different types of investment income Compares after-tax income of interest, dividends and capital gains with the after-tax income of existing portfolio Reinforces the advantages of a tax efficient portfolio