CALGARY, Nov. 5, 2012 /CNW/ - Olympia Financial Group Inc. (TSXV: OLY) announces that its wholly-owned subsidiary Olympia Trust Company ("Olympia") will be increasing the annual administration fee for its self-directed accounts from $125 to $150 effective January 1, 2013. Olympia currently has 71,690 self-directed accounts.
Olympia is also pleased to advise that it anticipates acquiring an additional 3,000 self-directed accounts by year-end from an administrator that is exiting the self-directed account marketplace. The administrator that is transferring these self-directed accounts to Olympia has received approval from Canada Revenue Agency to transfer the accounts and has sent notices to its customers advising of the change.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Olympia Financial Group Inc.
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