Set up a new pre-authorized contribution and earn a bonus up to $250
An efficient way to grow your money
A pre-authorized contribution (PAC) plan involves regularly contributing a fixed amount of money into investment accounts. This automated process gives you a host of advantages for improving financial stability and growth.
Set it and forget it
A PAC plan simplifies investing by automating your contributions, helping you save without the need manual transfers.
Dollar-cost averaging
PAC plans give you the dollar-cost averaging benefit because you’re making regular investments regardless of market conditions.
Compounding returns
Regular contributions maximize compounding your returns because consistently boosting your investments increases the amount of interest earned.
Tax benefits
In Canada, PAC plans offer significant gains when used for contributions to tax-advantaged accounts such as Registered Retirement Savings Plans (RRSPs) or Tax-Free Savings Accounts (TFSAs).
Plan for the longer term
By committing to regular contributions with a PAC, you can adopt a long-term perspective on your financial goals. Talk to a Meridian Financial Planner to get started on your financial plan.
Open your investment account
A Meridian financial planner will set up your investment account(s) with Aviso Wealth, through Meridian. See all eligible accounts here.
Set up payment and frequency
We’ll work with you to establish a budget and set up pre-authorized contributions. Meridian also offers self-serve tools and hybrid support solutions through our partners at Qtrade Direct Investing®.
Invest with purpose
Investing with us empowers you to grow your portfolio while you help make a meaningful difference in the world! Learn more about Meridian’s Sustainable Investing strategies.
Here’s how to act on our $250* offer
We invite you to effortlessly grow your savings and investments. By setting up a Pre-Authorized Contribution (PAC) plan, you can smoothly transfer a fixed amount from your account to your investment or savings account each month.
Open your account
Open a registered mutual fund account (i.e., add it to your RRSP, TFSA, RESP, RDSP, or FHSA) at Aviso Wealth through Meridian and make an initial deposit of at least $250.
Set up automated contributions
Set up an automated monthly contribution (i.e., a deposit) for as little as $25, for a minimum of three months.
Earn your bonus
Earn a one-time cash bonus (of up to $250*) based on the amount of your automated monthly contribution.
Tools and resources
Knowledge bank
Aviso Wealth is a key partner of Meridian Credit Union, providing mutual funds and other securities through it’s services. It operates as a division of Aviso Financial Inc., which also includes Qtrade Direct Investing.
This partnership allows Meridian to offer a comprehensive suite of wealth management solutions to Members, enhancing your financial planning and investment options.
Your Pre-Authorized Contribution (PAC) will be contributed to the investment product(s) that your advisor recommends.
The cash bonus is credited as a sheltered deposit and will not impact your contribution limits.
There are no fees associated with the setting up of a Pre-Authorized Contribution (PAC).
If you qualify to receive the cash bonus, it will be deposited in your account in accordance with the schedule set out in our Terms and Conditions payment chart.
Pre-Authorized Contributions (PACs) can be set up on most account types. Please see Terms and Conditions for Qualifying Accounts.
A Pre-Authorized Contribution (PAC) is a recurring automated withdrawal that transfers a pre-specified amount of money from you bank or credit union account into an investment account (i.e., RRSP, TFSA, non-registered, etc.)
If you’re not an existing Aviso Wealth account holder, the bonus is applicable when you open one of the following new accounts at Aviso Wealth:
- Registered retirement savings plan account
- Spousal registered retirement savings plan account
- Tax free savings account
- Registered education savings plan account
- Registered disability savings plan account
- First home savings account
Mutual funds and other securities are offered through Aviso Wealth. Online brokerage services are offered through Qtrade Direct Investing. Aviso Wealth and Qtrade Direct Investing are divisions of Aviso Financial Inc.