The Beneficiaries panel collects essential personal details about the beneficiaries, such as subscriber relationship, distribution percentage, and more. Required for registered accounts (e.g., RRSP, TFSA, RESP, RDSP) to designate primary and contingent beneficiaries.
If the client’s details already exist within the CRM, the information in this panel will auto-populate. You must still open the panel to review, verify accuracy, and click Save to mark it complete.
This panel is required for registered accounts (e.g., RRSP, TFSA, RESP, RDSP) to designate primary and contingent beneficiaries.
Filling Out Beneficiaries Details
Enter the client’s beneficiaries details into the provided fields:
- Subscriber relationship with beneficiary: Select the relationship with the beneficiary. (E.g., Parent, Grandparent).
- Co-subscriber relationship with beneficiary: Select the relationship with the beneficiary. (E.g., Parent, Grandparent).
- First Name: Enter the client's first name.
- Middle Name: Enter the middle name, if applicable; otherwise, leave blank.
- Last Name: Enter the client's last name.
- Distribution Percentage: Enter the distribution percentage of that beneficiary. If there is more then one make sure distribution percentage must add up to 100% between them all.
- Date of Birth: Enter in YYYY-MM-DD format exactly as shown on the client’s ID.
- SIN: Please enter the client's SIN number. (This should be a nine digit number)
- Gender: Select the client’s gender (Male, Female, Other).
- Checkbox: Is the beneficiary address the same as the subscriber address?
- Request Grants: Select Yes or No
- Is the subscriber the parent or legal guardian of the beneficiary? Select Yes or No
- Is the co-subscriber or legal guardian of the beneficiary? Select Yes or No
- Is the subscriber the primary caregiver of the beneficiary or their spouse? Select Yes or No
- Is the co-subscriber the primary caregiver of the beneficiary or their spouse? Select Yes or No
If there are more then two beneficiaries, each of those panels will need be filled out per individual.
Saving the Panel
After completing all required fields:
- Click Save to lock in the provided details.
- The panel status will update from Incomplete (yellow) to Complete (green) upon successful saving.
Example of Completed Beneficiaries Panel
