Here is an article which basically gives an overview of the benefits of segregated funds. For those of you who are interested, or have thought about investing in the stock market, seg funds are low-risk solutions.
I first was introduced to segregated funds by my best friends brother, who is a Financial Advisor. He informed me of segregated funds because i was looking for a good way to invest some money while going to school, and at the same time, get my feet wet into the stock market and not take huge risks.
Segreated funds are a great way to introduce yourself to the stock market, and to get you started in your quest to financial freedom. Though the average returns on segregated funds aren't huge, they are still better then putting your savings into GIC's or other government related investment vehicles (you're actually better off putting your money under your pillow instead of those).
Definately worth a read. Enjoy.