Group Retirement & Savings Plans
We endeavour to deliver unparalleled service in group retirement and savings plans.
Canadian Defined Benefit Contribution plans and Group RRSPs have continued to play a growing role in Canada’s retirement landscape. We can help employers streamline and improve their retirement benefits for employees.
Pensions in Canadian Retirement
Statistics Canada recently released some good information on retirement savings trends in our country. For families in which the major income recipient was aged 55 to 64, 8 in 10 held either RRSPs or employer pension plans (EPPs). It is noteworthy that at each age level, median pension holdings were substantially higher, at $244,800, than those who only hold RRSPs.
A company that has a pension plan or assists employees to achieve their retirement is an employer of choice, particularly among high-quality seasoned and experienced employees.
We will work with you to develop the Group Retirement & Savings Plan best suited to your organisation’s needs.
Source: Statistics Canada