Counsel Announces Results of Investor Meetings for Two Merger Proposals

TORONTO, March 12, 2018 /CNW/ - Counsel Portfolio Services Inc. ("Counsel") today announced the results of two special meetings, each held on March 12, 2018, where investors approved the following mergers:

The mergers will be implemented on or about March 23, 2018.

About Counsel Portfolio Services Inc.
Counsel Portfolio Services Inc. is a subsidiary of IPC Portfolio Services Inc., which is a subsidiary of Investment Planning Counsel Inc. (IPC Inc.). With $4.9 billion in assets under management as at February 28, 2018, Counsel provides comprehensive, objective portfolio solutions utilizing the strength and expertise of third-party portfolio managers. Counsel, through IPC Inc., is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies.

SOURCE Investment Planning Counsel Inc.