Nominate a Leader for the Alexander S. Melvin Leadership Award! Since 2016, the Alexander S. Melvin Leadership Award has celebrated outstanding professionals in the Canadian banking & insurance market. This award honors those who lead with integrity, inspire positive change, and promote collaboration. In memory of Alex Melvin, a respected industry figure, we seek nominations for individuals who: ⭐ Influence industry advancements ⭐ Foster a collaborative spirit ⭐ Inspire and support their colleagues Do you know a standout professional in the industry? Submit your nomination before August 16th! For more information and nomination forms, visit the Alexander S. Melvin Leadership Award website here: https://lnkd.in/erx4fjx
CANNEX Financial Exchanges Ltd.
Financial Services
Toronto, Ontario 1,451 followers
Simply reliable data.
About us
CANNEX is the premier provider of data, research and quantitative analysis for retirement savings and income products in North America. Our mission is to provide access and transparency to the pricing and features of annuity, bank and investment products that consumers rely on for retirement security. Financial institutions and financial professionals use our services to help build, evaluate, and compare both the guarantees and performance provided by retirement products. We also provide thought leadership and market intelligence to help clients stay informed on the ever-changing product, distribution, and regulatory environment. Because we manage the actual pricing algorithms and illustrations for annuity products on behalf of insurance carriers, we are able to develop various benchmarks and indices that can be used for product valuation purposes. We can also feed these benchmarks along with actual pricing real-time to other third-party applications and tools that support planning & education, sales, and compliance. We are also committed to solving difficult and sophisticated problems in the realm of retirement planning and income management by providing consulting and research support through our quantitative research team. In Canada, the CANNEX Financial Network (CFN) has been the dominant bank and credit union resource that facilitates over $50 billion per year in GIC & term deposit transactions to third parties. In the United States, CANNEX US is the premier provider of annuity pricing and analytic services for all income and deferred annuities. We partner with insurance companies and distributors on research and market intelligence, financial planning and education, annuity sales and compliance processes, and product service and administration.
- Website
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http://www.cannex.com
External link for CANNEX Financial Exchanges Ltd.
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Toronto, Ontario
- Type
- Privately Held
- Founded
- 1984
- Specialties
- Annuities, Analytics, Term Deposit (Canada), Annuity Pricing, Funds (Canada), Retirement Analytics, Research, Custom White Papers, and Consulting
Locations
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Primary
1200 Bay Street
Suite 1001
Toronto, Ontario M5R 2A5, CA
Employees at CANNEX Financial Exchanges Ltd.
Updates
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Chapter two of the 2024 Protected Retirement Income and Planning (PRIP) Study, in partnership with Alliance for Lifetime Income, focuses on the critical impact of the gender divide on the retirement crisis. This year alone, over 4.1 million Americans will reach the age of 65, entering what is known as the Peak 65 Zone—a significant demographic shift that will persist annually through 2027. These statistics highlight a growing financial crisis for women of retirement age. Discover the full study here: https://lnkd.in/ghBPsyNU
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CANNEX is pleased to invite nominations for the 2024 Alexander S. Melvin Leadership Award. This respected award honors professionals in the Canadian banking and insurance industry who exemplify inspirational and ethical leadership. Named after the late Alex Melvin, a visionary leader, this award celebrates individuals who: 🌟 Drive positive industry change 🌟 Promote ethical practices 🌟 Encourage collaborative success Know who fits this description? Nominate them today! Visit the Alexander S. Melvin Leadership Award website for details and nomination forms.
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Save the date: Thursday, July 18th at 2pm ET! Join our COO, Gary Baker, in the Broadridge webinar to learn how to analyze fees tied to retirement income solutions. Register here: https://lnkd.in/gX8_mp2K
Join the Retirement Income Consortium on Thursday July 18th for the second webinar in our "How To" series on #RetirementIncome on how to analyze fees associated with these solutions! Matthew Gray from Allianz Life, Gary Baker from CANNEX Financial Exchanges Ltd., and Bonnie Treichel from Endeavor Retirement will lead a great session on how to decipher the fees and expenses and what your fiduciary duties are when it comes to these in-plan options! Register Now: https://lnkd.in/gX8_mp2K ☑ Understand the requirements related to fee reasonableness for selection and monitoring of retirement income solutions. ☑ Identify implicit versus explicit fees in retirement income solutions. ☑ Determine how to conduct due diligence and compare implicit versus explicit fees in retirement income solutions. ☑ Develop a method to communicate to plan sponsors regarding the differences between fee structures. #lifetimeincome #protectedincome #duediligence #financialadvisor #retirement #401k #guaranteedincome AllianceBernstein, Allianz Life, ARS, BlackRock, Brighthouse Financial, CANNEX Financial Exchanges Ltd., Endeavor Retirement, iJoin, Income America, IPX Retirement, National Association of Plan Advisors, Nationwide, Micruity, SS&C Technologies, TIAA, Nuveen, a TIAA company, Vestwell John Faustino AIFA®, PPC®
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Easily Compare Annuity Products with CANNEX Annuity Marketplace! Compare up to 3 products side-by-side using standardized metrics and terminology, featuring: ⭐ Hypothetical growth charts ⭐ Income simulations ⭐ Customized asset allocation strategies for optimal returns Contact us to schedule your demo today!
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🌟 Annuity Awareness Month 🌟 In the latest Protected Retirement Income and Planning (PRIP) study, conducted with the Alliance for Lifetime Income, the findings highlight the importance of educating Peak 65 consumers about financial products that provide protected income. Discover more about the study here: https://lnkd.in/eB3JBkD
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We're excited to announce that nominations are now open for the 2024 Alexander S. Melvin Leadership Award! Since 2016, this award has recognized outstanding professionals in the Canadian banking and insurance industry who embody inspirational and ethical leadership. Named in honor of the late Alex Melvin, an esteemed industry leader, this award celebrates those who: ⭐ Inspire positive change ⭐ Foster collaboration ⭐ Drive industry innovation If you know a remarkable leader who deserves to be recognized, visit the Alexander S. Melvin Leadership Award website for more information and to submit your nomination. https://lnkd.in/erx4fjx
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The CANNEX Annuity Marketplace has launched! Message us today to schedule a demo and experience its impressive features, such as: • Personalize dashboards and save spreadsheets • Simplify product comparisons with comparison reports • Dive into hypothetical growth and income scenarios • Analyze allocation options using efficient frontier analysis Read more about it here: https://lnkd.in/gNKK7qae
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June is Annuity Awareness Month! Dive into the latest Protected Retirement Income and Planning (PRIP) study, in partnership with Alliance for Lifetime Income, for an in-depth look at the retirement savings attitudes and behaviors of Americans aged 61 to 65, our Peak 65 consumers. Unique in its approach, PRIP surveys both consumers and financial advisors. The first chapter provides crucial insights into the current state of retirement. Check it out! https://lnkd.in/ghBPsyNU #RetirementPlanning #FinancialAdvisors #Peak65 #PRIPStudy #AnnuityAwarenes
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