Lakshmi Pillai

10/03/2025

Have you been denied health coverage due to a pre-existing medical condition before?

Still looking for comprehensive coverage?

From now until January 1, 2026, you can apply for the Manulife FollowMe™ BASIC and ENHANCED Health Plan with no medical underwriting
✅ No medical questions at enrollment
✅ Prescription drug, vision, extended health, and more
✅ Peace of mind for you and your family
⏳ This limited-time open enrollment without needing to be part of a group benefits plan until January 1, 2026, after which standard eligibility rules will apply.
Stay protected on your own terms!

👉 Contact us for more information or apply today at https://www.manulife-insurance.ca/advisor-public/health-insurance.html?assocId=304184

08/13/2024

Not all accounts are created equal!

If you have different beneficiaries named on different accounts they may not all be receiving the same amounts after tax. Here's a quick look at what happens to a RRIF when you pass away.

Feel free to reach out if you'd like to double check how your beneficiary designation is set up to see if it needs ammending.

https://www.sunlife.ca/en/investments/rrif/death-and-taxes/ #:~:text=If%20you%20name%20a%20successor,name%20anyone%20as%20a%20beneficiary.

Send a message to learn more

04/23/2024

Thank you My Business Magazine for this feature story. It was fun to reflect on the journey from Biochemistry to helping families improve their financial health! I am grateful for the experiences I've had so far and look forward to many years ahead with my team finding opportunities to make a positive impact in helping families achieve their financial goals.

LAKSHMI PILLAI “The goal is to empower clients with the knowledge to make more informed financial choices”Lakshmi Pillai, Senior Investment Advisor for Manulife Wealth based in Oakville, Ontario, offers a distinctive blend of passion and expertise. On a mission to make financial planning more ac...

03/08/2024

Why should you consider Life Insurance? Is it better to have it through work or personally held? How much coverage do you need? When should you consider Term vs Permanent insurance?

Join us with your morning coffee on the 16th to uncover what you need to know to make sure you have what you truly need for your family and not just what your company offers.

Link to Register: https://us02web.zoom.us/webinar/register/WN_WVFsx4LGRMCH67YkI_Ulyw #/registration

02/01/2024

Have you already contributed into your Group RRSP but want to add extra funds to get a tax refund?

Have you considered taking an RSP loan to
- increase your contribution, and monies growing in your RRSP
- reduce your taxable income
- increase yoru tax refund
- pay off the loan with your tax refund

Let us know if you'd like to number crunch together to see if this would be a fit for you!

RRSP Deadline: Feb 29 2024

01/30/2024

Trying to decide how much to contribute to your RRSP before Feb 29 2024 to get your best bang for your buck? Let us help you with the number crunching.

2023 tax rates below:

12/20/2023

Wishing you a wonderful holiday season with plenty of rest and time to celebrate with family and friends. ~Lakshmi & Sam

12/19/2023

A beautiful snapshot scratching the surface of how and when Life Insurance can help. If you're unsure as to what you have or what you need, feel free to reach out. Our team will be happy to help!

08/17/2023

Have money to put to work but not sure about how best to invest for the children? Talk to us about different strategies you can implement to ensure your child is taken care of beyond simply their RESP education funds.

What's the best way to grow your child's RESP? Should you contribute a lump sum that maximizes long-term, tax-deferred compounding or make regular contributions that earn the most from Canada Education Savings Grants?

08/09/2023

Excited to level up my fitness with my new Apple Watch from VITALITY. Ask me how you can EARN an Apple Watch for FREE through the Vitality plan and pay $0 for the watch by maintaining a consistent work out routine and improving your health one day at a time.

//www.manulife.ca/personal/vitality/rewards-and-benefits/apple-watch.html

Vitality is now available with Life Insurance and Health & Dental coverage

07/25/2023

Acting as an Executor may be seen as a final act of service towards someone you love however it is certainly not for the faint of heart and can present complications along the way.

Here is a quick sneak peak on what to expect: https://rethinking65.com/2023/07/19/should-you-advise-your-clients-to-be-executors/?utm_campaign=7-25-23%20RT65%20Should%20clients%20be%20executors%3F&utm_medium=email&_hsmi=267524635&_hsenc=p2ANqtz--FJaILAVAdQt_kvfGFW25rHBxQLEd_93EpzgxCS0P3cB7LPEn__gPWgNCissmjtVwQIPTobRsal6TObfF6hVO_nD6m8WbM_XaT_c1qsRZ2zpTOVsA&utm_content=267250784&utm_source=hs_email

If you would like to learn how you can
- Simplify the estate administration process
- Reduce probate fees and potential taxes paid on estate assets
- Speed up distribution of assets

feel free to reach out and I'd be happy to share some ideas.

Taking control of an estate isn’t a decision to make on the fly, no matter how close they are to those recruiting them for the role.

07/07/2023

2022 was a tough year for Bonds however bonds provide an attractive opportunity offering Diversification, Downside protection and Income generation in your portfolio.

https://players.brightcove.net/6016595172001/default_default/index.html?videoId=6317666083112

If you'd like to better understand what happened why and how to use this as an opportunity going forward I'd be happy to chat.