Conference for Advanced Life Underwriting

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CALU
Calu
Founded 1991
Focus Advanced Life Underwriting
Area served Canada
Website www.calu.com

The Conference for Advanced Life Underwriting (CALU) is a Canadian professional membership association of established financial advisors (life insurance, wealth management and employee benefits), accounting, tax, legal and actuarial professionals. For more than 20 years CALU has engaged in political advocacy and government relations activities relating to advanced planning issues on behalf of its members and the members of its sister organization, Advocis, The Financial Advisors Association of Canada. Through these efforts, CALU represents the interests of more than 10,000 insurance and financial advisors and in turn the interests of millions of Canadians.

CALU's mandate is to advance consumer interests specific to advanced financial planning issues which include the range of advisory and marketing activities relating to estate planning, corporate-owned life insurance, wealth creation and management, employee benefits and retirement planning.

Significant Priorities Include:

  • The Ongoing Viability of Life Insurance as a Risk Management Tool
  • Tax Treatment of Disability, Critical Illness & Long Term Care Insurance
  • Education and Promotion of Tax Assisted Savings Plans
  • Securing the Retirement Income of Canadians
  • Philanthropy and Charitable Giving Strategies
  • Taxation of Employee Benefit Plans
  • Assisting Small to Medium Business Owners with Succession Planning
  • Cross Border Planning Issues

Membership[edit]

CALU's representations draw on two major elements of expertise provided by its membership - Active Members are licensed financial services advisors and intermediaries while Associate Members are generally professionals from accounting, legal or actuarial backgrounds involved in product design and development who provide technical counsel as to the applications of financial products and services. CALU consults on policy positions and offers recommendations concerning various forms of legislation impacting financial products, services and advice service, and to tax legislative proposals and interpretation emanating through or from the Department of Finance and Canada Revenue Agency. CALU maintains a focus on nation-wide matters and relies on Advocis, The Financial Advisor Association of Canada, on matters of provincial jurisdiction such as licensing and regulatory issues.

Annual Meeting[edit]

Each May, CALU hosts its four-day Annual Meeting in Ottawa. Particular emphasis is placed on legislative and public policy issues, with Members of Parliament, Senators, Cabinet Ministers and department officials invited to speak on issues of current importance. Main platform and workshop sessions feature top Canadian and international subject-matter experts who provide updates on the application and marketing of financial products and services in the areas of Risk Management, Investment Strategies, Employee Benefits, Executive Compensation, Retirement Planning, Charitable Giving, Succession Planning, Business Continuity, Estate Planning and Personal Financial Planning.

Governance[edit]

CALU was incorporated as an independent non-share capital corporation in January 2011. Prior to 2011, CALU was a conference of Advocis, The Financial Advisors Association of Canada. CALU was originally formed by official resolution of the Life Underwriters Association of Canada (the former name of Advocis) in January 1991.

Political Involvement[edit]

As part of its mandate to motivate, educate and involve members in the Canadian political process, CALU maintains an information and development program through which CALU members have the opportunity to deepen their understanding of the Canadian political process with a view to actively participating in communications and support of Canadian political parties and Members of Parliament of their choice.

For more information[edit]

The website www.calu.com.