Monty Loree: So I wasn't thinking of turning this interview into a sales pitch and what we're doing is talking about – because a lot of people are worried – so I want to talk about… This is the information that they need to know anyway and I don't usually talk to people about life annuities on a day to day sort of thing. Always the impression that I get on the internet is that it's got to be credible. How can we trust this guy? If we're going to send money to Ivon Hughes at lifeannuities.com, how do we know who he is and who he's dealing with? I noticed on your site here, your suppliers are AIG, Canada Life, Empire Life, Manulife, Standard Life, Sun Life, TransAmerica. So those are all name brand providers that you're dealing with.
Ivon Hughes: Yes, because first of all, we never take money. First of all, registered money is always transferred usually by a G23-33, so the money goes direct from the company that's holding the money to the company that's receiving the money. Same as for non-registered annuities, they're payable to the insurance company. In fact the insurance companies won't receive, won't take any checks from us. We're very happy with that because it keeps everything very, very clear between us – the client, the insurance company, etc.
Monty Loree: So there's really no issue about the trust issue. These are companies that are licensed by the federal government and they're going to be dealing with them anyway.
Ivon Hughes: Yes, that's never been a question. Now is everyone asking about that, and no everything just goes straight to the insurance company and that's the way we like it. We don't have to bother handling it in any way, shape or form. The transfers for registered money are made direct and the money that is used for non-registered annuities also is made payable to the life insurance company itself. And in fact, can be sent directly to the insurance company.
Monty Loree: That's good to know. As far as I'm concerned, that answers the question. That answers those questions. Again, it's lifeannuities.com and I'm talking with Ivon Hughes who is the owner of that website. Ivon's been involved in this business since 1972. So if anybody's trustworthy – you've been licensed, etc. So there's no question about who you are and what you do and so on.
Ivon Hughes: Like a long time, sometimes.
