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 Employers can assist their employees to save for retirement via a Pension Plan or a Group Retirement Savings Plan (GRSP). Group retirement plans can be very simple and economical for the employer and yet offer the employees a highly convenient and effective way to save. The size of your organization and your objectives for the plan will determine the optimal structure. We can assist you in designing the plan and selecting the right carrier for you. In terms of Group retirement products we work closely with the largest Pension and GRSP carriers in Canada including: Employee Benefits plans (also called Group Plans) are available for companies of all sizes and industries. We are experts in the design and deployment of plans that will meet your needs. Basic plans offer life insurance and some medical coverage. You can add more comprehensive health coverage and dental coverage if you choose. Disability insurance may be available depending on your industry and number of employees. Group Plans can include a wide variety of benefits including: In terms of Group Insurance carriers, the large companies identified above are often an excellent choice. We work closely with all of them and they typically offer competitive pricing and the stability of being large and established. But we have also had great success working with the middle-tier carriers in Canada - also reputable firms - but sometimes more flexible and adaptable to your specific needs. Using our experience, we will determine which carriers might be a good fit for you. We will survey the market on your behalf and assist you in final decision making and plan deployment. Each year we will independently reassess the carrier's renewal offer, ensuring you pay competitive, stable rates over the long term. If it becomes necessary to move your plan in order to obtain better pricing, better service or a set of benefits that is better aligned with your needs, we'll assist you with that as well.  info@mmcdermid.com |
