Group Retirement Plans
There is no benefit that an employer can provide for its staff that has the impact and value of a Group Retirement Program. While costly, the value generated by a well designed and effectively communicated Group Retirement Program can be the differentiator in both acquiring and retaining key employees.
Belton Financial Services has been implementing Group Retirement Programs for almost 30 years. We have been innovators within the industry and have developed and managed programs that have created exponential value for the employers who have used our consulting services.
Advantages
• Lower Investment Management fees
• No back end or front end loads
• Easy payroll deductions
• Pre-tax deductions
• Tax deferred growth
• Increased employee retention |
A group retirement plan belongs to your employees. As a result, we use group retirement committees made up of your employees to help us make decisions for your program, to promote the plan, as well as to ensure your retirement program is compliant under Capital Accumulation Plan (CAP) guidelines.
Presentations to your employees to review performance, to re-educate staff and to introduce the program to new members are essential for ongoing support and confidence in your plan. These presentations also serve as a great reminder to employees of the value of this plan as part of their benefits program and total compensation.
The reduction in investment fees afforded through the combined buying power of your group can increase the fund balance and retirement income of your employees by 20% or more!
Group Retirement Plan Structures
• Group Registered Retirement Savings Plans (RRSPs)
• Group Deferred Profit Sharing Plans (DPSPs)
• Group Tax-Free Savings Accounts (TFSAs)
• Group Pension
• Employee Share Ownership Plans (SOPs)
• Grouped Individual Pension Plans (IPPs) |
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