Should you decline to attend President’s Academy, you will be provided with a cash payout based on your Achievement Level at the time of qualification – December 31, 2024.
Achievement Level 1 – 12 will be eligible for $6,000
Achievement Level 13+ will be eligible for $14,000
Consultant Qualifiers in Achievement Levels 13+ are eligible to travel Business Class. The Achievement Level on December 31, 2024, is the level that will qualify you for Business Class travel for Palermo.
Yes. If you are eligible for Business Class travel and choose to decline it, you will be allocated Practice Credits (for Advisors) or Education Credits (for Division Managers) based on 75% of the variance between the costs from economy to business class travel for themselves and their guest. This benefit will be taxed 100% when the Practice or Education Credits are redeemed.
Yes. Eligible expenses paid out-of-pocket (e.g. travel and accommodation expenses) can be claimed by submitting a Practice Credits: Expense claim form with copies of receipts/invoices and commission statements to Compensation Services, Dept. 238.
You are not obligated to bring a guest. However, we deliver a program that will delight your guest. Your guest attendance is an important feature of President’s Academy Program. Guests must be 21 years of age or older to attend.
Non-Licensed Guests:
If your guest is not a licensed team member, their attendance includes the General Sessions, evening events/group functions, breakfasts, transfers and optional activities. Executive series and CEO roundtable/breakouts are designed exclusively for qualifiers and business guests.
Licensed Guests & IG Wealth Management Consultants:
If your guest is a licensed team member or an IG Wealth Management consultant, they will have access to all events, including the Business Sessions and CEO Roundtable & Breakout Sessions.
No, your qualification is for your attendance only. No replacements are permitted.
To comply with Canada Revenue Agency (CRA) legislation, a taxable benefit will be assessed for you and your guests’ participation at President’s Academy. This taxable benefit will be charged to each qualifier’s commission account in the fourth quarter of 2025. You will be notified by email of the amounts processed.
Taxable benefit is calculated for qualifiers by assessing all non-business-related program costs, including airfare, at approximately 60%. Taxable benefit is calculated for guests by assessing all non-business-related program costs, including airfare, at approximately 80%. Those who qualify for Business Class air travel will incur an additional taxable benefit; more information can be found here . Historically, the taxable benefit amount for qualifiers falls between $7500 – $8500. Please plan accordingly.
Yes. Since your guest’s program costs are covered, IG is required to assign a taxable benefit charge. The Taxable Benefit will be charged to the qualifier’s commission account following the program.
You do not have to select an optional activity for either you or your guest.
If you choose to select one of the optional activities that give you the opportunity to explore our destination, the cost will be charged to your commission account after the conference. Alternatively, you may use Practice Credits to cover the cost of the optional activity.
You can find dress guidelines on the Schedule of Events with descriptions below.
• Casual Attire: Jeans, slacks or shorts and t-shirts are acceptable.
• Business Casual Attire: Dress, skirt or dress pants, a collared shirt or blouse are appropriate. A jacket and tie are not required.
• Business Attire: Dress, skirt or dress pants, a collared shirt or blouse are appropriate. A jacket and/or tie are required.
• Formal Attire: Formal suit, dress pants, collared shirt, jacket and tie, evening gown, or cocktail dress is appropriate – tuxedo is not required.
Our event partner, MCI, will automatically book your stay at the Villa Igiea upon receiving your registration form. No action is required.
Yes, you can. Please see the accommodations page for more information on rates for extending your trip in the area. Extensions at the program hotel are subject to availability. You can indicate if you would like to extend your stay on the registration form, and MCI will be in touch to assist with the booking and payment for the extension. Extensions are not guaranteed and are subject to availability.
MCI is our travel partner that works closely with us to design the program and provides travel expertise for booking travel. They can assist you with any additional accommodations required at the conference hotel. They can also book your flights for you and your guest.
No, you have the option to use MCI to assist you with your travel plans, but you are free to use any travel agent or book your own travel. You can indicate whether you are booking your own travel on the registration form. If not, MCI will reach out to you to assist with booking your flight(s).
If you choose to book your own flights, you are responsible to submit your itinerary to MCI and receipt to the President’s Academy Program mailbox for reimbursement.
Submit your travel itinerary and receipt to the President’s Academy Program mailbox for reimbursement. You will be reimbursed through your commission account for either your allotment amount or your actual airfare costs, whichever is lower.
There is an opportunity to add your special aids, services, or room requirements into the registration form. If you have additional questions related to your travel, transfers, optional activities, or evening events, MCI can assist you. If the request is related to sessions, Colleen Decker with IG Event Marketing is available to assist you.