It gives you - the employer - an opportunity to supplement and existing pension plan or offer an alternative to a traditional pension plan. A group RRSP can help you attract and retain employees by offering your staff members a convenient, cost-effective retirement savings option.
Advantages to your company of using Renfrew Insurance for your Group RRSP:
- Lower Fees - As a result of group buying power, the investment management fees for yoru plan can be lower than for a plan priced on an individual basis
- Full Service Provider - By incorporating a retirement plan into your group program, your employees will benefit from the expertise and experience of Renfrew Insurance to maintain all aspects of their employment benefits.
- Access to Institutional Investment Managers - Your group retirement program gives your employees access to money managers that would otherwise be very difficult to obtain on a retail bases because of high investment minimums.
- CAP (Capital Accumulation Plan) Guidline Compliance - Through Renfrew Insurance you can be confident that your will be provided with the tools and assitance you need to ensure your plan meets all of your current and future obligations for proper plan governance.
