Group Retirement Programs are one of the most successful programs ever created for employers to demonstrate commitment to their employees. Providing financial security into their golden years.
GROUP RETIREMENT PROGRAMS
- Group RRSP
- Group Pension
- Deferred Profit Sharing Plan
WELCOME…
to a better business solution to a Group Retirement Program for your Business!
As an employer you are looking for a Group Retirement Program that works for you and your employees. Something that is easy – to read and understand, simple enrolment form, number of fund choices, quality selection of fund managers, guaranteed investments options, easy to understand reports and also very importantly client support.
GETTING STARTED…
In setting up a Group RRSP, you are offering your employees a simple yet effective way to save money for their retirement.
INITIAL SET-UP
- Decide on frequency of contributions
- Employee and/or Employer contributions
- Set eligibility criteria
ADMINISTRATION
- Simple enrolment procedure
- Administrator’s Guide provided with the essential information in order to administer the plan including all the necessary forms.
- Remit the employee/employer contribution listing with the deposit cheque.
- You may also offer the convenience of pre-authorized chequing (PAC) to your employees. This option saves you the time of having to prepare a contribution listing and sending in contributions each month.
CLIENT SERVICES
- Semi-annual financial statements listing the amounts deposited, accumulated gains, account balance, current investment instructions, allocation of investments among the various investment vehicles and the net rate of return on their account for the period.
- Info – Investment toll free line available to obtain information on investment funds and request guidance with regard to investment instructions and retirement planning.
- Web site set up to provide up-to-date information on the members’ RRSP account.
INVESTMENTS
- Wide selection of investment funds to allow each member to build an investment portfolio to fit his or her individual needs and preferences.
- Selection of guaranteed term investments
- Large number of investment funds managed by well know investment fund managers.
- Guaranteed Investments, Income Funds, Diversified Funds, Canadian Equity Funds, U.S. and International Equity Funds, and Specialty Funds.
FEATURES OF THE GROUP RETIREMENT PROGRAM
- Available to Small, Medium and Large Size Businesses
- Easy Administration
- No Minimum Deposit Per Month (in some programs)
- No Deferred Sales Charges
- Lower MERs through Group Buying Power
- Competitive Interest Rates
- Wide Selection of Investment Options
- Personal and Spousal RRSPs
- Contributions by Members through Pre-Authorized Payments (Optional)
- You may Transfer Individual RRSPs to the Plan to Obtain Lower Investment Management Fees
- Semi-Annual Detailed Investment Statements
- Internet Access to Your Investment Details
- Info-Investment Line
- Creditor Protection Potential
- Estate Planning Advantages
- Plan Totally Portable when Member Leaves
