The Institute

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J.G. Taylor Award

Introduced in 2013, the J. G. Taylor award was created in an effort to build a stronger sense of community among The Institute’s designation holders. Named in honour of the Education Chair who spearheaded the introduction of the CLU designation on behalf of the Association in 1924-25, the J. G.Taylor Award is awarded to Institute designation-holders in recognition of their outstanding work in the industry as well as in the community at large. Lawrence Geller, CLU and Terry McBride, CFP, CLU, received the 2021 J. G. Taylor Award. Full details regarding the J. G. Taylor Award and its recipients can be found at iafe.ca.

Recognition of Longstanding CLUs

Since 1924, the CLU designation has been the premier wealth-transfer and estate-planning designation in Canada, and has played an important part in the history of the financial advisor profession in this country.

In 2021, The Institute recognized over 151 individuals who have held the CLU designation for 25 years or more. These individuals are a part of the living history of the CLU and a testament to the value of the designation. Longstanding CLUs are honoured on The Institute website at iafe.ca.

Awards and Winners

John A. Tory Award

Leslie W. Dunstall Award

The John A. Tory Gold Medal for CLU Studies

The Tory Award was originally donated by James M. Tory, CLU, in memory of his father, the late John. A. Tory, CLU. The medal, first presented in 1952, is awarded annually to the CLU graduate who achieves the highest average for all course subjects without failing any of the CLU examinations.

The Leslie W. Dunstall Silver Medal for CLU Studies

The Dunstall Award is awarded to the candidate in each province who achieves the highest examination marks for all CLU course subjects. Leslie W. Dunstall, a past executive vice-president, was a member of the Advocis staff from 1919 to 1960.

The CHS Program Award

The Certified Health Insurance Specialist (CHS) Program Award is awarded annually to the CHS graduate who achieves the highest average for all course subjects without failing any of the CHS examinations.

The Institute CHS Award

2021

Tory Award – Qi Lu, CFP, CLU (Greater Vancouver Chapter) Dunstall Award in Alberta - Braden Pennycook, CFP, CLU Dunstall Award in Manitoba - Sheryl Troup, CFP, CLU, CPA, CA Dunstall Award in New Brunswick - Justin P. Richard, CFP, CLU Dunstall Award in Nova Scotia - Keith MacKay, CFP, CLU, CHS, RCIS Dunstall Award in Ontario - Jennifer J. Trevor, CLU Dunstall Award in Quebec - Salomon Gamache, CLU, Pl.fin, CIM Dunstall Award in Saskatchewan - Sean Purdue CHS Award - Yin Shen, CLU, CHS (Toronto Chapter)

WINNERS

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CE Accreditation Services

In 2021, The Institute processed 2,339 applications and awarded 2,984.25 CE credits.

In 2021, The Institute has continued to grow through increased enrolment in paid CE offerings. Relative to 2020, paid CE increased by 6.32% in 2021.

As pandemic restrictions continue to lift, there is an expectation that in-person events will re-emerge to some extent - particularly larger conferences, during which several speakers present material that requires accreditation and verification. Despite this, many providers indicate that they will maintain a virtual model, though The Institute expects that accreditation requests will continue to increase. For example, on a current YTD basis, relative to YTD 2021, paid CE requests have increased by 7.6%. In 2021, it was also evident that providers increased the length of their programs as they pivoted to virtual learning models (in contrast, most submissions pre-2021 averaged one hour) which has also contributed to increased and continuing demand for our services. The Institute continued to receive positive feedback throughout 2021, with providers noting that accreditation services are detailed, user-friendly and respected.

Five-Year Strategic Plan

The Institute continues to focus on its strategic plan (2017-2022). The plan places emphasis on increasing the number of Institute designation holders and positioning our designations as pathways to success, and will showcase the value of the CLU, CHS and PFA designations. Over the five years, The Institute will take special care to build a community amongst designation holders, bringing further value to Institute designation holders.

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