When it comes to financial wellness in the workplace, where do your employees stand?

Employees facing fewer financial worries and distractions; employers benefitting from a more focused, engaged, and productive workforce — employee financial wellness programs can help employees find balance and control over their finances, now and throughout their lifetime. Improving employees’ financial wellness can lead to heathier employees, reduce absenteeism and lower turnover rates while raising employee satisfaction and improving the employer brand.

Defined Contribution Plan

In a defined contribution plan, the employer and employee contribute a set or defined amount and the amount of pension income that the member receives upon retirement is determined by, among other things, the amount of contributions accumulated and the investment income earned. These contributions are often a fixed percentage of an employee’s annual earnings and are deposited monthly in an individual account in the member’s name. Investment earnings are credited to this account.

Defined Benefit Plan

A defined benefit plan provides members with a defined pension income when they retire. The formula used to determine a member’s benefit usually involves factors such as years of membership in the pension plan and the member’s salary, and is not dependent on the investment returns of the plan fund.

Asset Transfers

Annual Governance Review

Disclousure to Plan Members

OSFI Regulation

Flexible Pension Plans

Investment of Pension Funds

Benchmark Reports

Independent Financial Advisor

Alpha Administration

How can we help?

We like to get to know you and your business goals before we provide a quote, so we know we’re finding the right solution for you. If you have time to chat about your business, we’d love to schedule a call!