Advisor Administration Guide

Transcription

1 Advisor Administration Guide manaed by CI Investments Inc. issued by Sun Life Assurance Company of Canada

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3 How to complete a SunWise Essential Series 2 Application Form...1 y Client name All plan types except TFSA y Client name TFSA y Nominee name y PIM Account Linkin Areement Form How to complete subsequent transactions on a SunWise Essential Series 2 Contract y How to make subsequent deposits y How to make a withdrawal y How to chane a uarantee Class or switch between funds y How to chane from the DSC-load option to the ISC-load option y How to request the automatic rebalancin service How to chane the dealer of record between independent distributors...27 Limited Tradin Authorization Note: For details reardin Anti-Money Launderin policies and requirements, please refer to the Sereated Funds pae on Advisor Online.

4 How to complete a SunWise Essential Series 2 Application Form for all plan types except TFSA Please note both SunWise Essential Series 2 uarantee Classes will be held within the same contract. Only one application form is required if the client wishes to purchase units offered under the different Classes. MANDATORY APPLICATION FIELDS: I. Contract Type Section 2 II. Distributor and Representative Information Section 3 III. Owner Information Section 4 (and Section 5 if applicable) i. Name ii. Address iii. Country of Residency iv. of Birth v. Social Insurance Number (SIN) vi. FATCA Information IV. Annuitant Information Section 6 (applicable only if different from Owner(s)) i. Name ii. Address iii. of Birth iv. Country of Residency V. Beneficiary Desination Section 8 VI. Investment Directions Section 9 VII. Identity Verification, Third Party Determination, and Politically Exposed Forein Person Information are mandatory for all non-reistered contracts Section 16 VIII. Owner Acknowledement / Authorization Section 17 i. Owner s Sinature with date ii. Joint Owner s Sinature with date (if applicable) iii. Parent/Guardian Sinature (if applicable) iv. Annuitant s Sinature with date (if Annuitant is not the owner) v. Sined At (City and Province) I. Representative s Acknowledement Section 18 i. Representative s sinature and date Please refer to the section What you understand and aree to when you sin this Application on the SunWise Essential Series 2 Application Form for more details. 1 Advisor Administration Guide

5 1 Contract Number (if available) 2 Contract Type (Select only one) *Subject to the terms of the applicable endorsement **CI Anti-Money Launderin Identity Verification Supplement Form required with your application 3 Distributor and Representative Information 4 Owner Information The Owner is the Annuitant unless otherwise noted in Section 6 For entity applicants (corporations, partnerships, trusts, etc.) the CI Declaration of FATCA classification for an entity form is MANDATORY. 5 Joint, In Trust For or Spousal Reistered Plan Information Joint Owner and In Trust for Contracts are not applicable to Reistered Contracts Subroated Policyholders - Quebec residents only: If you (the Owner) and Joint Owner would like to name each other as subroated policyholders please check here 6 Annuitant Information Complete if different from Owner(s) For Reistered Contracts, the Annuitant must be the Owner. For Non-Reistered Joint Ownership Contracts, if no sinle Annuitant is named in this section, the Contract will be deemed to have Joint Annuitants and the Contract Maturity will be determined based on the ae of the youner Annuitant. SunWise Essential Series 2 Individual Variable Annuity Contract Application Form SunWise Essential Series 2 Contract Number Distributor s Account Number Non-Reistered Individual Retirement Savins Plan (RSP) Retirement Income Fund (RIF) Non-Reistered Joint Spousal RSP Spousal RIF Non-Reistered In trust for** Locked-in RSP (LRSP)* Life Income Fund (LIF)* Non-Reistered Estate/Trust** Locked-in Retirement Account (LIRA)* Locked-in Retirement Income Fund (LRIF)* Non-Reistered Sole Proprietorship Restricted Locked-in Savins Plan (RLSP)* Prescribed Retirement Income Fund (PRIF)* Non-Reistered Partnership** Group RSP Restricted Life Income Fund (RLIF)* Non-Reistered Corporate** Distributor's Name Representative's Name - Distributor Number Representative Number Telephone Number Address Supervisor's Sinature Mr. Mrs. Miss Ms. Dr. Gender Male Female Owner's Name (last, first, middle) Owner's Address City or Town Province Postal Code Country of Residency Residence Telephone Number of Birth Social Insurance Number (SIN) Owner's Address Mandatory for all Non-Reistered Contracts - The followin question should be answered only by an individual owner/applicant. Are you a U.S. resident for tax purposes (which includes a U.S. citizen)? Yes No If yes, provide a U.S. Taxpayer Identification Number (TIN) Mr. Mrs. Miss Ms. Dr. Gender Male Female Name (last, first, middle) of Birth Social Insurance Number (SIN) Country of Residency Joint Ownership Information - (Joint Non-Reistered Contracts only) Joint Ownership Type: Joint Owners with Riht of Survivorship (not applicable in Quebec) Joint Owners Sinin Authority: Only one sinature required NOTE: If not selected both sinatures are required. Mandatory for all Non-Reistered Contracts - The followin question should be answered only by an individual owner/applicant. Are you a U.S. resident for tax purposes (which includes a U.S. citizen)? Yes No If yes, provide a U.S. Taxpayer Identification Number (TIN) Mr. Mrs. Miss Ms. Dr. Gender Male Female Annuitant's Name (last, first, middle) Annuitant's Address (if different from Owner) City or Town Province Postal Code of Birth Country of Residency Relationship to Owner _E (12-14) SWES2 APP Section 2 Contract Type y Mandatory One contract type must be selected. Section 3 Distributor and Representative Information y Mandatory Sections 4 and 5 Owner Information, Joint, In Trust For or Spousal Reistered Plan Information y Mandatory The Owner(s) and Annuitant(s) must all be Canadian residents to establish a contract. y For individual/joint non-reistered contract owner(s), if answerin yes to the U.S. resident for tax purposes question, please provide a U.S. Taxpayer Identification Number (TIN). y For entity applicants (corporations, partnerships, trusts, etc.) the CI Declaration of FATCA classification for an entity form is MANDATORY. Section 6 Annuitant Information y For Joint Ownership contracts, where the Annuitant section is left blank, the contract will be deemed to have Joint Annuitants. The Death Benefit will be payable only upon the death of the last survivin Annuitant. y For Joint Annuitants contracts, where at least one of the Annuitants is different than the Owner(s), please provide both Annuitants information by completin section 6 of the application form for the first Annuitant, and section 3 of SunWise, SunWise Elite includin SunWise Elite Plus, SunWise Essential Series and SunWise Essential Series 2 Non Financial Chane Request Form for the Joint Annuitant. 2

6 Section 8 Beneficiary Desination y Relationship of the beneficiary is to the Annuitant in all provinces excludin Quebec where the relationship is to the Owner. If this section is not completed, the Beneficiary will default to the Owner or the Estate of the Owner if there is a sinle owner who is also the sole Annuitant. Section 9 Investment Directions y Please ensure that the funds and their respective fund codes are available for the Class selected. Section 10 Pre-Authorized Chequin Plan (PAC) y Mandatory For non-reistered contracts, if the PAC payor is different than the policy owner, please complete Section 2 of the CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-10/14 and have the payor sin in this section. y For joint bank accounts requirin both sinatures, the joint owners must sin in this section. 7 Successor Owner Optional - For Non-Reistered Contracts only This section should only be completed in situations where the Annuitant is not the Owner. 8 Beneficiary Desination For Contracts sined in Quebec the desination of a spouse (married or civil union) as beneficiary is irrevocable unless the Owner checks revocable here: revocable * Relationship of the beneficiary to the Annuitant in all provinces excludin Quebec where the relationship is to the Owner. 9 Investment Directions The fund code will determine the uarantee Class and sales chare option of the units. Class Contract Death Guarantee Guarantee Estate Investment Please specify your PAC details in Section 10. By makin deposits into the Estate Class you acknowlede havin read the applicable sections of the Information Folder and Individual Variable Annuity Contract includin any Supplements and aree to the applicable fees. 10 Pre-Authorized Chequin Plan (PAC) Please complete Section 13 and specify the fund breakdown in the PAC amount column in Section 9. I (We) choose to receive plan payment confirmations. (All Owners receive annual statements detailin transactions in their Contract). Mr. Mrs. Miss Ms. Dr. Gender Male Female Successor Owner's Name (last, first, middle) Address City or Town Province Postal Code of Birth Relationship to Owner Primary Beneficiary Relationship * Share Continent Beneficiary Relationship* Name(s) () Name(s) (for the adjacent share) PAC amount $ (Please ensure you meet the minimum required amount.) Payment Frequency (please select only one) Weekly Bi-weekly Monthly Bi-monthly Quarterly Semi-Annually Annually Sinature(s) Payment Start Sinature(s) required if Depositor(s) is (are) other than the Owner(s) indicated in Section 4 and/or 5. For a joint bank account, all Depositors must sin if more than one sinature is required on cheques issued aainst the account. By sinin you confirm the bankin information provided in Section 13 and that you have read and aree to the PAC terms and conditions outlined at the front of this Application. Total 100 Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) I have attached a letter of direction with additional/alternate/irrevocable beneficiary instructions. Cheque in the amount of $ A M O U N T Transfer $ A M O U N T from another financial institution (T2033/T2151/TD2 I N S T I T U T I O N N A M E attached) Transfer $ A M O U N T from an existin CI account C I A C C O U N T N U M B E R Fund Code Initial Sales Gross Amount PAC Amount Fund Code Initial Sales Gross Amount PAC Amount Chare $ or $ or Chare $ or $ or (if applicable) (if applicable) _E (12-14) SWES2 APP 3 Advisor Administration Guide

7 11 Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/ PRIF/RLIF Payment Details Please review the AWD description in the front of this Application for assistance in completin this section. RRIF minimum is the minimum annual payment (MAP) as defined by the Income Tax Act for RIF/LIF/LRIF/PRIF/RLIF Contracts. You may redeem your RRIF minimum from either Class of Units you hold. If you have any questions about this section please contact CI Client Services Step 1 - Payment Type: Select one option (options vary by Plan Type), then complete the Payment Fund Breakdown and Payment Frequency, Start and Method sections below. (OPTION A) Non Reistered Plans Estate and/or Investment Class Units Specify percent allocation: An annual amount of $ Gross Net of fees 100 (OPTION B) Reistered Income Plans RIF/LIF/LRIF/PRIF/RLIF I elect the term of RRIF payments be based on: My ae Ae of my spouse (CI will default to the "My ae" option if not completed) Please provide spouse s date of birth: Select one of the applicable payment options below: Estate and/or Investment Class Units Select one option below and specify percent allocation: RRIF minimum as follows: 100 Locked-In maximum payment amount (only applicable for LIF/LRIF/RLIF) as follows: 100 An annual amount of $ Gross Net of fees as follows: 100 Step 2 - Payment Fund Breakdown: For each Class you indicated above, provide your fund breakdown. Use percentaes only and ensure each Class you elect has a payment that totals 100. Estate Investment Class () Class () Estate Investment Class () Class () Be sure you have filled out the Class percent () allocation in Step 1 for the payment option chosen. Estate Class Fund Breakdown Investment Class Fund Breakdown Fund Code Fund Code Total Total Section 11 Automatic Withdrawal Plan (AWD) & RRIF/LIF/LRIF/PRIF/RLIF Plan Payment Details y For non-reistered contracts, please complete steps 1 (Option A), 2 and 3. y For reistered contracts, please complete steps 1 (Option B), 2 and 3. y In the example illustrated on this pae, the client elected to receive an annual amount of $500 net of fees with 20 taken from their Estate Class units and 80 from their Investment Class units to account for a total of 100 of the withdrawal amount. Total 100 Total 100 Step 3 - Payment Frequency, Start and Method: The payment date must be between the 1 st and 25 th of any month for Reistered Income Plans (RIF/LIF/LRIF/PRIF/RLIF). Payment Frequency (please select only one) Payment Start Monthly Quarterly Semi-Annually Annually Payment Method Deposit directly to bank account (please complete Section 13) Mail to Owner's address on file Mail to Owner s alternate address (indicate address below) Section 12 Withholdin Tax y The withholdin tax rate specified in this section will apply to the automatic withdrawal plan and any ad hoc withdrawals. 12 Withholdin Tax Client specified withholdin tax for RIF/LIF payments *To determine the rates available please visit the CI website. 13 Bankin Information Please complete for Section 10 and/or 11 and attach a void cheque Address City Province Postal Code Withholdin Tax Rate (if the rate specified is less than the leislated minimum rate the minimum rate will apply) If the rate elected is not supported by CI, CI will round down to the next available rate supported by CI. Federal and Provincial rates for Quebec are pre-determined by CI based on the rate inputted above* Bank Account Owner(s) Name(s) Bank Name Section 13 Bankin Information y This section is required if requestin a PAC or AWD with direct deposit. y Please ensure a void cheque is attached to avoid processin delays. 14 LIF/LRIF/PRIF/RLIF Information Bank Number Bank Transit Number Bank Account Number SPOUSE: Do you have a spouse or pension partner within the meanin of the applicable pension leislation? Yes No Note: If you have a spouse or pension partner within the meanin of the applicable leislation, then the form noted at the end of this Application must be fully completed and accompany the Application _E (12-14) SWES2 APP Section 14 LIF/LRIF/PRIF/RLIF Information y For LIF and LRIF contracts, please attach the appropriate Spousal Consent/Waiver. Please contact our CI Sereated Funds Team at for a copy of these forms. Estate and/or Investment Class Units Estate Investment Total Select one option below and specify percent allocation: Class () Class () x 500 x RRIF minimum as follows: 100 Locked-In maximum payment amount (only applicable for LIF/LRIF/RLIF) as follows: 100 An annual amount of $ Gross Net of fees as follows: 100 Step 2 - Payment Fund Breakdown: 4

8 Section 16 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information y For individual non-reistered, includin sole proprietor contracts, if answerin yes to the third party or Politically Exposed Forein Persons question, please attach the completed CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-10/14. y When establishin corporate, partnership, not-for-profit or non-corporate entity contracts, please attach the completed CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-10/14. Section 17 Owner Acknowledement / Authorization y For Reistered Contracts complete the Request for Reistration. y Mandatory The Owner, Joint Owner and Annuitant must sin and date this application. y Mandatory The Sined At (City and Province) information is mandatory. y If the account is an In-Trust-For Contract where the Beneficial Owner is youner than 16 years of ae (18 for Quebec), a Parent or leal Guardian Sinature is required. 15 Group Retirement Savins Plans Not applicable for LIRA/RLSP/ RIF/LIF/LRIF/PRIF/RLIF 16 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information For Corporate, Partnership, Estate and Trust Contracts the CI Anti-Money Launderin Identity Verification Supplement form is required 17 Owner Acknowledement/ Authorization All Owners and Annuitants must read and sin this Section Please ensure all mandatory sections have been completed. *Parent/Guardian Sinature is only required for In Trust For contracts where the Beneficial Owner is under the ae of 16 (18 in Quebec). I certify that I am an employee of the company or association named in this section and hereby authorize such employer or association to deduct from my earnins and remit contributions to the CI Investments Group Plan (as indicated in Section 9) and to assist in the administration of the Plan as my aent and, where applicable, as aent of my spouse or common-law partner and to include such contribution in computin the amount of withholdin tax required under applicable tax leislation. Group Company Name This section is Mandatory for all Non-Reistered Contracts. Owner's Information Verification Document Document Number Province and Country of Issue Detailed Occupation Joint Owner's Information Employee's Sinature Verification Document Document Number Province and Country of Issue Detailed Occupation Provide the source of payments for this Application/Contract (select all that apply). salary or earned income borrowed funds proceeds from death benefits or estate Applicant/Owner s savins pension income inherited funds business income existin investment account social benefits ifted funds sale of property other ( ) What is the purpose and intended use of the product applied for (includin an annuity product which may include periodic payments at some point under the contract)? savins cash reserves educational purposes vacation fund retirement savins income emerency fund leacy/inheritance other ( ) Is a third party involved with this Contract, or will a third party pay for this Contract, or have the use of, or access to, the Contract value? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form To the best of the Applicant's/Owner's knowlede, has the Applicant/Owner or any close relatives (livin or deceased) been considered a Politically Exposed Forein Person (PEFP)? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form I (We) declare that all statements and answers made by me (us) on this Application are fully complete and true. I (We) hereby acknowlede havin read the provisions contained in the Sun Life Financial Privacy Statement for Canada and CI Investments Privacy Statement for Canada, contained in this Application, and I (we) hereby aree to them and hereby authorize Sun Life Assurance Company of Canada and CI Investments to obtain, use, and transmit to its aents and service providers, personal information about me for the purpose of the administration of this Contract. I (We) request that all documents delivered to me (us) in connection with this Contract be written in Enlish. Je (Nous) demande(ons) que tous les documents qui me (nous) sont remis avec ce contrat soient rédiés en lanue anlaise. I (We) acknowlede receipt of the Individual Variable Annuity Contract and Information Folder includin any Supplements and the Fund Facts prior to sinin the Application. By completin the PAC section, I (we) declare that all persons whose sinatures are required to authorize transactions in the bank account provided have read and areed to the PAC terms and conditions as outlined at the front of this Application. Request for Reistration (Must be completed for RSP, LIRA, Locked-In RSP, RLSP, LIF, LRIF, PRIF and RLIF Contracts) Yes, Sun Life Assurance Company of Canada is requested to reister the above policy as a Retirement Savins Plan under the Income Tax Act (Canada) and under any applicable provincial leislation. Yes, Sun Life Assurance Company of Canada is requested to reister the above policy as a Retirement Income Fund under the Income Tax Act (Canada) and under any applicable provincial leislation. Owner's Sinature Joint Owner's Sinature Parent/Guardian Sinature* Annuitant s Sinature (Only required if Annuitant is not the Owner. Parent/Guardian sinature is required where the Annuitant is not the Owner and is under the ae of 16 or 18 in Quebec.) Sined At (City and Province) _E (12-14) SWES2 APP 5 Advisor Administration Guide

9 18 Representative's Acknowledement All advisors must read and sin this Section With the understandin that Sun Life Financial will rely on the information to conduct customer due dilience and to satisfy applicable reulatory requirements, I, the advisor, confirm that I have reviewed the details provided in this form with the Applicant/Owner(s) and to the best of my knowlede, unless otherwise noted, these details are full, complete and true. In reard to the purchase of a non-reistered product, I the advisor, confirm that all of the identification details provided in this form match the oriinal identification documents shown to me. I confirm that I have disclosed to the Owner(s) (a) the companies I represent, (b) that I will receive compensation in the form of commissions or salary for the sale of this product, (c) that I may also receive additional compensation in the form of bonuses or non-monetary benefits such as travel incentives or attendance at conferences, and (d) any conflict of interest I may have with respect to the sale of this product. Section 18 Representative s Acknowledement y Mandatory All advisors must read, sin and date this section. Representative's Sinature Complete the followin if the Representative verifyin identity is different from the Servicin Representative (applicable for non-reistered plans only) Representative's Name Distributor - Representative Number ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACTHOLDER AND MAY INCREASE OR DECREASE IN VALUE _E (12-14) SWES2 APP 6

10 How to complete a SunWise Essential Series 2 TFSA Application Form Please note all SunWise Essential Series 2 uarantee Classes will be held within the same contract. Only one application form is required if the client wishes to purchase units offered under the different Classes. MANDATORY APPLICATION FIELDS: I. Distributor and Representative Information Section 2 II. Planholder information Section 3 i. Name ii. Address iii. Country of Residency iv. of Birth v. Social Insurance Number (SIN) III. Investment Directions Section 5a and/or 5b IV. Planholder Acknowledement/Authorization Section 10 i. Planholder s Sinature with date ii. Sined At (City and Province) V. Representative s Acknowledement Section 11 Reminder: The Planholder is required to be the Annuitant on TFSA plan types, as they are considered reistered plans. Please refer to the section What you understand and aree to when you sin this Application on the SunWise Essential Series 2 TFSA application form for more details. 7 Advisor Administration Guide

11 1 Contract Type and Contract Number (if available) 2 Distributor and Representative Information 3 Planholder Information The Planholder is required to be the Annuitant 4 Beneficiary Desination For Contracts sined in Quebec the desination of a spouse (married or civil union) as beneficiary is irrevocable unless the Planholder checks revocable here: revocable SunWise Essential Series 2 Individual Variable Annuity Contract Tax-Free Savins Account (TFSA) Application Form SunWise Essential Series 2 Tax-Free Savins Account Contract Type (Select only one) Individual TFSA Group TFSA SunWise Essential Series 2 Contract Number Distributor s Account Number Distributor's Name Representative's Name M A N -D A T O R Y Distributor Number Representative Number Telephone Number Address Supervisor's Sinature Mr. Mrs. Miss Ms. Dr. Gender Male Female Planholder's Name (last, first, middle) Planholder's Address City or Town Province Postal Code Country of Residency Residence Telephone Number of Birth Social Insurance Number (SIN) Planholder s Address Primary Beneficiary Relationship to Share Continent Beneficiary Relationship to Name(s) Annuitant () Name(s) (for the adjacent share) Annuitant Section 1 Contract Type and Contract Number (if available) y Mandatory Please ensure either Individual or Group is selected. Section 2 Distributor and Representative Information y Mandatory Section 3 Planholder Information y The Planholder must be a Canadian resident in order to establish a contract. Section 5a Investment Directions y If applicable, fund instructions for Section 6 (PAC) are entered in this section. Total 100 Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) I have attached a letter of direction with additional/alternate/irrevocable beneficiary instructions. 5a Investment Directions The fund code will determine the uarantee Class and sales chare option of the units. Class Contract Death Guarantee Guarantee Estate Investment Cheque in the amount of $ A M O U N T Transfer $ A M O U N T from another financial institution (T2033/T2151/TD2 ( I N S T I T U T I O N N A M E ) attached) Transfer $ A M O U N T from an existin CI account ( C I A C C O U N T N U M B E R ) Fund Code Initial Sales Gross Amount PAC Amount Fund Code Initial Sales Gross Amount PAC Amount Chare $ or $ or Chare $ or $ or (if applicable) (if applicable) Please specify your PAC details in Section 6. By makin deposits into the Estate Class you acknowlede havin read the applicable sections of the Information Folder and Individual Variable Annuity Contract includin any Supplements and aree to the applicable fees _E (12/14) 8

12 Section 5b Instruction for a Partial Transfer from an Existin CI Account y If transferrin partial funds from an existin CI account, please provide the fund(s) and the amount to surrender from your existin CI account in order to complete the transfer. y To automate contributions from an existin CI account, you may elect to establish an annual automatic re-occurrin transfer. Section 6 Pre-Authorized Chequin Plan (PAC) y For joint bank accounts requirin both sinatures, the joint owners must sin in this section. Section 7 Automatic Withdrawal Plan (AWD) y In the example illustrated on this pae, the client elected to receive an annual amount of $3000 net of fees with 10 taken from their Estate Class units and 90 from their Investment Class units to account for a total of 100 of the withdrawal amount. 5b Instruction for a Partial Transfer from an Existin CI Account 6 Pre-Authorized Chequin Plan (PAC) Please complete Section 8 and specify the fund breakdown in the PAC amount column in Section 5a. I choose to receive plan payment confirmations. (The Planholder will receive annual statements detailin transactions in their Contract). 7 Automatic Withdrawal Plan (AWD) Please review the AWD description in the front of this Application for assistance in completin this section. If you have any questions about this section please contact CI Client Services For Partial Transfers from an existin CI account please specify the details below: Transfer in amount A M O U N T From CI Account Number Fund Code Amount to transfer from an existin CI Account $ or Will this transfer be reoccurrin annually? Yes Reoccurrin Transfer Start PAC amount $ (Please ensure you meet the minimum required amount.) Payment Frequency (please select only one) Weekly Bi-weekly Monthly Bi-monthly Quarterly Semi-Annually Annually Sinature(s) No (If yes please specify the date that you wish the automatic transfer to occur) Payment Start Sinature(s) required if Depositor(s) is (are) other than the Planholder indicated in Section 3. For a joint bank account, all Depositors must sin if more than one sinature is required on cheques issued aainst the account. By sinin you confirm the bankin information provided in Section 8 and that you have read and aree to the PAC terms and conditions outlined at the front of this Application. Step 1 - Payment Type: Select your Payment Type and then complete the Payment Fund Breakdown and Payment Frequency, Start and Method sections below. Estate and/or Investment Class Units Specify percent allocation: Estate Investment Class () Class () An annual amount of $ Gross Net of fees 100 Step 2 - Payment Fund Breakdown: For each Class you indicated above, provide your fund breakdown. Use percentaes only and ensure each Class you elect has a payment that totals 100. Be sure you have filled out the Class percent () allocation in Step 1. Estate Class Fund Breakdown Step 3 - Payment Frequency, Start and Method: Payment Frequency (please select only one) Monthly Quarterly Semi-Annually Annually Payment Method Deposit directly to bank account (please complete Section 8) Mail to Planholder s address on file Mail to Planholder s alternate address (indicate address below) Investment Class Fund Breakdown Fund Code Fund Code Total 100 Total 100 Payment Start Total Address City Province Postal Code _E (12/14) Step 1 - Payment Type: Select your Payment Type and then complete the Payment Fund Breakdown and Payment Frequency, Start and Method sections below. Estate and/or Investment Class Units Specify percent allocation: 3,000 x Estate Investment Class () Class () An annual amount of $ Gross Net of fees 100 Total 9 Advisor Administration Guide

13 8 Bankin Information Please complete for section 6 and/or 7 and attach a void cheque 9 Group TFSA 10 Planholder Acknowledement/ Authorization The Planholder must read and sin this Section Please ensure all mandatory sections have been completed. Bank Account Owner(s) Name(s) Bank Name Bank Number Bank Transit Number Bank Account Number I certify that I am an employee of the company or association named in this section and hereby authorize such employer or association to deduct from my earnins and remit contributions to the CI Investments Group Plan (as indicated in Section 5a) and to assist in the administration of the Plan as my aent. I understand that only the issuer has the authority to amend the arranement and the ultimate responsibility for administerin the arranement lies with the issuer. Group Company Name Employee's Sinature I declare that all statements and answers made by me on this Application are fully complete and true. I hereby acknowlede havin read the provisions contained in the Sun Life Financial Privacy Statement for Canada and CI Investments Privacy Statement for Canada, contained in this Application, and I hereby aree to them and hereby authorize Sun Life Assurance Company of Canada and CI Investments to obtain, use, and transmit to its aents and service providers, personal information about me for the purpose of the administration of this Contract. I request that all documents be delivered to me in connection with this Contract be written in Enlish. Je demande que tous les documents qui me sont remis avec ce contrat soient rédiés en lanue anlaise. I acknowlede receipt of the Individual Variable Annuity Contract and Information Folder includin any Supplements and the Fund Facts prior to sinin the Application. By completin the PAC section, I declare that all persons whose sinatures are required to authorize transactions in the bank account provided have read and areed to the PAC terms and conditions as outlined at the front of this Application. By sinin this Application, I request Sun Life Assurance Company of Canada to file an election with the Minister of National Revenue to reister the qualifyin arranement as a TFSA under section of the Income Tax Act. Planholder's Sinature Sined At (City and Province) Sinature(s) required if transferrin from a Joint Ownership Account where more than one sinature is required in order to process a transaction on the account. Section 8 Bankin Information y Required if requestin a PAC or AWD with direct deposit. y Please ensure a void cheque is attached to avoid processin delays. Section 9 Group TFSA y Employee s sinature is required for roup plans. Section 10 Planholder Acknowledement / Authorization y Mandatory The Planholder must sin and date this application. y Mandatory The Sined At (City and Province) information is mandatory. Section 11 Representative s Acknowledement y Mandatory All advisors must read, sin and date this section. Joint Owner(s) Sinature 11 Representative's Acknowledement All advisors must read and sin this Section I, the advisor, confirm that I have reviewed the details provided in this form with the Applicant/Planholder and to the best of my knowlede, unless otherwise noted, these details are full, complete and true. I confirm that I have disclosed to the Planholder (a) the companies I represent, (b) that I will receive compensation in the form of commissions or salary for the sale of this product, (c) that I may also receive additional compensation in the form of bonuses or non-monetary benefits such as travel incentives or attendance at conferences, and (d) any conflict of interest I may have with respect to the sale of this product. Representative's Sinature ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACTHOLDER AND MAY INCREASE OR DECREASE IN VALUE _E (12/14) 10

14 How to complete a SunWise Essential Series 2 Rapid Application Form for nominee-held Contracts. Distributors and dealers who submit their trades usin FundSERV and hold the contract in nominee name may use the SunWise Essential Series 2 Rapid Application Form. A client-sined SunWise Essential Series 2 Rapid Application Form is required no later than trade settlement date. Please note all SunWise Essential Series 2 uarantee Classes will be held within the same account. Only one application form is required if the client wishes to purchase units offered under the different Classes. MANDATORY APPLICATION FIELDS: I. Contract Type Section 1 II. Nominee Information Section 2 III. Distributor and Representative Information Section 3 IV. Beneficial Owner Information Section 4 (and Section 5 if applicable) i. Name ii. Country of Residency iii. of Birth iv. Social Insurance Number (SIN) v. FATCA Information V. Annuitant Information Section 6 (applicable only if different from Owner(s)) i. Name ii. Address iii. of Birth iv. Country of Residency VI. Identity Verification, Third Party Determination, and Politically Exposed Forein Person Information are mandatory for all non-reistered contracts Section 9 VII. Beneficial Owner Acknowledement/Authorization Section 10 i. Beneficial Owner s Sinature with date ii. Joint Beneficial Owner s Sinature with date (if applicable) iii. Parent/Guardian Sinature (if applicable) iv. Annuitant s Sinature with date (if Annuitant is not the owner) v. Sined At (City and Province) VIII. Representative s Acknowledement Section 11 i. Representative s sinature and date Please refer to the section What you understand and aree to when you sin this Application on the SunWise Essential Series 2 Rapid Application Form for more details. 11 Advisor Administration Guide

15 1 Contract Type 2 Nominee Information 3 Distributor and Representative Information 4 Beneficial Owner Information The beneficial Owner is the Annuitant unless otherwise noted in Section 6 For entity applicants (corporations, partnerships, trusts, etc.) the CI Declaration of FATCA classification for an entity form is MANDATORY. 5 Joint beneficial Owner Information Joint beneficial Owner and In Trust for Contracts are not applicable to Nominee Reistered Contracts Subroated Policyholders - Quebec residents only: If you (the beneficial Owner) and Joint beneficial Owner would like to name each other as subroated policyholders please check here 6 Annuitant Information Complete if different from beneficial Owner(s) For Nominee Reistered Contracts, the Annuitant must be the beneficial Owner. For Nominee Non-Reistered Joint Ownership Contracts, if no sinle Annuitant is named in this section, the Contract will be deemed to have Joint Annuitants and the Contract Maturity will be determined based on the ae of the youner Annuitant. Nominee Non-Reistered Nominee RRIF (self-directed) Nominee/Intermediary Name Wire order number Distributor's Name SunWise Essential Series 2 Individual Variable Annuity Contract Rapid Application Form Trustee Name (if applicable for Reistered Plans only) Client Distributor Account Number Representative's Name - Distributor Number Representative Number Telephone Number Address Supervisor's Sinature Mr. Mrs. Miss Ms. Dr. Gender Male Female Beneficial Owner's Name (last, first, middle) of Birth Social Insurance Number (SIN) Country of Residency Mandatory for all Non-Reistered Contracts - The followin question should be answered only by an individual owner/applicant. Are you a U.S. resident for tax purposes (which includes a U.S. citizen)? Yes No If yes, provide a U.S. Taxpayer Identification Number (TIN) Mr. Mrs. Miss Ms. Dr. Gender Male Female Joint beneficial Owner's Name (last, first, middle) Country of Residency of Birth Social Insurance Number (SIN) Unless otherwise indicated, Joint Ownership with Riht of Survivorship will be deemed to be elected (not applicable in Quebec). Mandatory for all Non-Reistered Contracts - The followin question should be answered only by an individual owner/applicant. Are you a U.S. resident for tax purposes (which includes a U.S. citizen)? Yes No If yes, provide a U.S. Taxpayer Identification Number (TIN) Mr. Mrs. Miss Ms. Dr. Gender Male Female Annuitant's Name (last, first, middle) Nominee RRSP (self-directed) Nominee TFSA (self-directed) Note: For Nominee Reistered Contracts the trust has Owner or policyholder rihts under the Contract. The trustee (or aent for the trustee, if applicable) holds the Contract in trust for the beneficial Owner. For Non-Reistered Contracts the beneficial Owner has Owner or policyholder rihts under the Contract. Annuitant's Address (if different from Owner) City or Town Province Postal Code of Birth Country of Residency Relationship to Owner _E (12-14) SWES2 RPD Sections 4 and 5 Beneficial Owner Information, Joint Beneficial Owner Information y Mandatory The Beneficial Owner(s) and Annuitant(s) must all be Canadian residents to establish a contract. y For individual non-reistered contract owner, if answerin yes to the U.S. resident for tax purposes question, please provide a U.S. Taxpayer Identification Number (TIN). y For entity applicants (corporations, partnerships, trusts, etc.) the CI Declaration of FATCA classification for an entity form is MANDATORY. Section 6 Annuitant Information y For Joint Ownership contracts, where the Annuitant section is left blank, the contract will be deemed to have Joint Annuitants. The Death Benefit will be payable only upon the death of the last survivin Annuitant. y For Joint Annuitants contracts, where at least one of the Annuitants is different than the Owner(s), please provide both Annuitants information by completin section 6 of the application form for the first Annuitant, and section 3 of SunWise, SunWise Elite includin SunWise Elite Plus, SunWise Essential Series and SunWise Essential Series 2 Non Financial Chane Request Form for the Joint Annuitant. 12

16 Section 8 Beneficiary Desination y Please do not complete this section for Nominee Reistered Contracts. Section 9 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information y For individual non-reistered, includin sole proprietor contracts, if answerin yes to the third party or Politically Exposed Forein Persons question, please attach the completed CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-10/14 y When establishin corporate, partnership, not-for-profit or non-corporate entity contracts, please attach the completed CI Anti-Money Launderin Identity Verification Supplement Form CI-AML-10/14. Section 10 Beneficial Owner Acknowledement / Authorization y Mandatory The Beneficial Owner, Joint Beneficial Owner and Annuitant must sin and date this application. y Mandatory The Sined At (City and Province) information is mandatory. y If the account is an In-Trust-For Contract where the Beneficial Owner is youner than 16 years of ae (18 for Quebec), a Parent or leal Guardian Sinature is required. 7 Successor Beneficial Owner Optional - For Nominee Non- Reistered Contracts only This section should only be completed in situations where the Annuitant is not the beneficial Owner. 8 Beneficiary Desination Do not complete for Nominee Reistered Contracts. For Contracts sined in Quebec the desination of a spouse (married or civil union) as beneficiary is irrevocable unless the beneficial Owner checks revocable here: revocable * Relationship of the beneficiary to the Annuitant in all provinces excludin Quebec where the relationship is to the beneficial Owner. 9 Identity Verification, Third Party Determination and Politically Exposed Forein Person Information For Corporate, Partnership, Estate and Trust Contracts the CI Anti-Money Launderin Identity Verification Supplement form is required 10 Beneficial Owner Acknowledement/ Authorization All Owners and Annuitants must read and sin this Section Mr. Mrs. Miss Ms. Dr. Gender Male Female Beneficial Successor Owner's Name (last, first, middle) Relationship to beneficial Owner Primary Beneficiary Relationship * Share Continent Beneficiary Relationship* Name(s) () Name(s) (for the adjacent share) Total 100 Name of Trustee(s) appointed for minor beneficiary(ies) (appointed administrator in Quebec) I have attached a sined letter of direction with additional/alternate/irrevocable beneficiary instructions. This section is Mandatory for all Nominee Non-Reistered Contracts. Beneficial Owner's Information Verification Document Document Number Province and Country of Issue Detailed Occupation Joint beneficial Owner's Information Verification Document Document Number Province and Country of Issue Detailed Occupation Provide the source of payments for this Application/Contract (select all that apply). salary or earned income borrowed funds proceeds from death benefits or estate Applicant/Owner s savins pension income inherited funds business income existin investment account social benefits ifted funds sale of property other ( ) What is the purpose and intended use of the product applied for (includin an annuity product which may include periodic payments at some point under the contract)? savins cash reserves educational purposes vacation fund retirement savins income emerency fund leacy/inheritance other ( ) Is a third party involved with this Contract, or will a third party pay for this Contract, or have the use of, or access to, the Contract value? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form To the best of the Applicant's/Owner's knowlede, has the Applicant/Owner or any close relatives (livin or deceased) been considered a Politically Exposed Forein Person (PEFP)? Yes No If yes, attach a completed CI Anti-money Launderin Identity Verification Supplement form Your sinature on this form confirms that you have received the Individual Variable Annuity Contract and Information Folder includin any Supplements and the Fund Facts and Policy prior to sinin this Application, and that: you aree that the information you provided is complete and accurate; you understand that CI Investments Inc. and/or Sun Life Assurance Company of Canada shall not be liable for followin the instructions provided by the representative/distributor; you understand that the effective date of the policy will be the date shown on the confirmation notice as the effective date of the first premium deposit; you have requested that all documents delivered to you in connection with this Contract be written in Enlish. Vous avez demandé que tous les documents qui vous sont remis avec ce contrat soient rédiés en lanue anlaise. you authorize CI to deliver confirmations, statements and other documents to the Distributor and to accept instructions from the Distributor to execute financial and non-financial transactions includin, but not limited to purchases, transfers and resets in accordance to your instructions and the policy provisions _E (12-14) SWES2 RPD 13 Advisor Administration Guide

17 10 Beneficial Owner Acknowledement/ Authorization (cont d) Please ensure all mandatory sections have been completed. I (We) hereby acknowlede havin read the provisions contained in the Sun Life Financial Privacy Statement for Canada" and "CI Investments Privacy Statement for Canada", contained in this Application, and I (we) hereby aree to them and hereby authorize Sun Life Assurance Company of Canada and CI Investments to obtain, use, and transmit to its aents and service providers, personal information about me for the purpose of the administration of this Contract. Beneficial Owner's Sinature Section 11 Representative s Acknowledement y Mandatory All advisors must read, sin and date this section. *Parent/Guardian Sinature is only required for In Trust For contracts where the Beneficial Owner is under the ae of 16 (18 in Quebec). Joint Beneficial Owner's Sinature Parent/Guardian Sinature* Annuitant s Sinature (Only required if Annuitant is not the Beneficial Owner. Parent/Guardian sinature is required where the Annuitant is not the Beneficial Owner and is under the ae of 16 or 18 in Quebec) Sined At (City and Province) 11 Representative's Acknowledement All advisors must read and sin this Section In reard to the purchase of a Nominee Non-Reistered product: With the understandin that Sun Life Financial will rely on the information to conduct customer due dilience and to satisfy applicable reulatory requirements, I, the advisor, confirm that all of the identification details provided in this form match the oriinal identification documents shown to me. In reard to the purchase of a Nominee Reistered product or Nominee Non-Reistered product, I the advisor, confirm that I have reviewed the details provided in this form with the Applicant/Beneficial Owner and to the best of my knowlede, unless otherwise noted, these details are full, complete and true. I confirm that I have disclosed to the Applicant/Beneficial Owner (a) the companies I represent, (b) that I will receive compensation in the form of commissions or salary for the sale of this product, (c) that I may also receive additional compensation in the form of bonuses or non-monetary benefits such as travel incentives or attendance at conferences, and (d) any conflict of interest I may have with respect to the sale of this product. Representative's Sinature Sinature of trustee or aent for trustee (for Nominee Reistered Contracts only) Complete the followin if the Representative verifyin identity is different from the Servicin Representative (applicable for Nominee Non-Reistered plans only) Representative's Name Distributor - Representative Number ANY AMOUNT THAT IS ALLOCATED TO A SEGREGATED FUND IS INVESTED AT THE RISK OF THE CONTRACTHOLDER AND MAY INCREASE OR DECREASE IN VALUE _E (12-14) SWES2 RPD 14

18 y PIM investors may link toether their accounts into one PIM Household Group for the benefit of reducin manaement fees and consolidated reportin. y This form is to be used in conjunction with the applicable SunWise Essential Series 2 Application Form. Be sure to include the appropriate PIM fund codes in the Investment Direction section of the Application. y To qualify, the PIM Household Group must have a minimum areate balance of $250,000 in assets and all accounts must have the same reistration type (i.e. nominee, intermediary, or client name). y Ensure the minimum investment of $100,000 per fund is met and maintained. Section 1 Define Your PIM Household Group Name y This section must be completed for new PIM Household Group set-up. Provide a name of your client s (clients ) choosin. The name can be no loner than 50 characters this includes spaces. How to complete the PIM Account Linkin Areement Form for SunWise Essential Series 2 Contracts Investors of CI Private Investment Manaement (PIM) may link toether their accounts into one PIM Household Group for the benefit of reducin manaement fees and consolidated reportin. In order to be eliible for account linkin, the PIM Household Group must have a minimum areate balance of $250,000 in assets. DEFININ YOUR PIM HOUSEHOLD ROUP Accounts linked to a PIM Household Group must meet at least one of the followin conditions: Belon to the same individual, their spouse, or family member residin at the same address Be a corporate account, where one or more of the individuals in the PIM Household Group has a combined ownership of at least 50 votin equity. (Please provide a Corporate Resolution and Articles of Incorporation) Additionally, all accounts linked to a PIM Household Group must: Be manaed by the same financial advisor Have the same reistration type (i.e. nominee, intermediary, client name) Note: Chanes to the dealer and/or advisor for all accounts within the PIM Household Group require authorization from all members. In the case that a portion of the accounts are chanin the dealer and/or advisor information, separate PIM Household Groups will need to be established and will be subject to the mandate and/or account minimum. LINkIN ACCOUNTS Please provide the PIM accounts that you wish to add or delete for account linkin in the table below. Please also indicate the Primary Account. The Primary Account will dictate: the mailin address for all documentation for this PIM Household Group, includin quarterly PIM consolidated statements, year end tax slips and trade confirmations (if that is the arranement with your dealer), and advisor information for the PIM Household Group 1 DEFINE YOUR PIM HOUSEHOLD ROUP NAME The PIM Household Group name will appear on your PIM quarterly consolidated statements and trade confirmations. If a PIM Household Group name has not been defined, all documentation will default to the account reistration of the Primary Account. PIM Household Group Name: (maximum 50 characters) (complete for new PIM Household Groups only) 2 MANAIN YOUR PIM HOUSEHOLD ROUP In the table below, indicate the accounts you wish to add or delete for account linkin. If you are amendin the linkin of accounts that currently reside within an existin PIM Household Group, please indicate the existin PIM Household Group: Indicate an account number belonin to this existin PIM Household Group If no action has been indicated, it will be assumed that all accounts listed on this form are to be linked. Also, if a Primary Account has not been indicated on this form, the first account indicated in the table below will be assined as the Primary Account. Indicate a Primary Account* CI PRIVATE INVESTMENT MANAEMENT ACCOUNT LINkIN AREEMENT Account Information Action required Section 2 Manain Your PIM Household Group y List all accounts to be linked toether in a new PIM Household Group. You may also indicate to add or delete each account from an existin PIM Household Group. CI account number (for new accounts, indicate wire order number) Account reistration CI account number (for new accounts, indicate wire order number) Plan type (i.e. Open, RRSP) Plan type (i.e. Open, RRSP) Add account to this PIM Household Group Delete account from this PIM Household Group Add account to this PIM Household Group Delete account from this PIM Household Group Account reistration 15 Advisor Administration Guide