Group Pension

Customized Solutions: Tailored retirement plans for you increase employee attraction and retention
Plan Options: RRSPs, DPSPs, and TFSAs within group retirement plans
Future Focused: Creating pathways to a more secure and prosperous future for teams through competitive plan designs
Proactive Approach: Keeping clients informed about market trends and legislative changes
Adaptability: Annual renewal reviews to ensure plan evolution in line with changing needs
Value Commitment: Lower investment management fees compared to individual investing, without sacrificing returns

Registered Retirement Savings Plan (RRSP)

A government-registered savings plan in Canada designed for retirement purposes.

When you contribute to an RRSP, your funds receive tax advantages, with contributions being tax-exempt for the year of contribution. Any investment income generated within the RRSP can grow tax-deferred until withdrawal, as long as it remains within the plan.

RRSP contributions are tax-deductible, allowing you to deduct them on your annual tax return, potentially lowering your overall tax liability.

Deferred Profit Sharing Plan (DPSP)

A program that allows an employer to share profits with employees.

Contributions are made by the employer based on the company’s profits, and these contributions are invested. Employees receive this money upon retirement, termination, or other specified events. DPSPs offer a way for employees to benefit from their company’s success over time.

Group Tax-Free Savings Account (TFSA)

A savings package offered by employers to their employees as part of a benefits package. It allows employees to contribute funds to their TFSA without being taxed on the investment income earned within the account. This provides a tax-free way for employees to save and invest for their financial goals.