Category Archives: Group Retirement

Tax-Efficient Employee Compensation – How DPSP’s help Your Small Business

Incentive compensation has long been used to recruit and retain talent while staying competitive in the market place. There are several different options available, it is important to consider which option will help achieve your business goals. For this article we want to focus on tax-efficient employee compensation – how DPSP’s help your small business.…
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Advantages of Group RRSPs for your Business

There are many advantages of group RRSPs for your business. As a follow up to our recent article on Deferred Profit Sharing Plans (DPSPs), we want to discuss the power of group retirement plans to give you the competitive edge in the job market. Whereas DPSPs only allow contributions from the employer, group RRSPs allow…
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How can Your Business be Competitive in BC’s Job Market?

How can your business be competitive in BC’s job market? It is probably a question you have asked yourself while reading about the newest tech start up that features a plethora of incentives to entice young Millennials. You have likely heard about the nap rooms, fully stocked bars, basketball courts, endless vacations, etc. But realistically,…
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How to get Millennials Excited about Group Retirement Plans

Millennials (also known as Generation Y) are the demographic following Generation X. Although the exact time period is up for debate, most researchers use the period between 1980 and early 2000’s when referring to Millennials. Getting Millennials excited about group retirement plans may seem impossible given retirement is a distant problem, making it easy to…
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Fraser Valley Group Retirement Services Set Your Business Apart

Fraser Valley group retirement services can set your business apart from the competition, attract top talent and result in overall job satisfaction for your employees. Until computers and robots replace us all, your employees will remain your greatest asset. Your employees are the face of your company and represent your vision with every customer interaction.…
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Top Group Retirement Package Myths for Small Business Owners

Small business owner’s account for 45% of Canada’s GDP and continue to be a leading source of economic growth in this country. Despite the massive impact they have in their communities and national economy, many small businesses are without an employer-sponsored group retirement package. Canada’s economy depends on small businesses as they are a major…
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How to Build a Competitive Corporate Benefits Package

Successful business owners are often judged on their profitability, sustainability and new products they bring to the marketplace. Another key factor is the health, wellness and overall satisfaction of their employees. Employee happiness is affected by salary, corporate culture, work/life balance and corporate benefits. If you are looking to improve employee satisfaction, productivity and retention;…
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The Biggest Employee Pension Plan Mistakes made by Business Owners

Offering an employee pension plan is a key components to any retention strategy. Whether you offer it to all employees or just executives, thinking that retirement funding is the sole responsibility of the employee is a short-sighted strategy. In the long-term, not having a comprehensive employee retirement package can result in higher turnover rates or…
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Why You Should NOT Market your Benefit Plan

Many business owners make a point of reviewing their employee benefits plan every couple years or so. This involves engaging brokers and consultants and pitting them against each other to see who presents the best options from other insurers. This is normally done in an attempt to reduce costs, but in the end it can…
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Group Retirement Education

Financial Literacy and Group Retirement Education for your Employees Studies have consistently shown that over 55% of the Canadian workforce is stressed about money. Over 40% of Canadians say that money stress affects their productivity at work. Which makes sense when you consider that 42% of Canadians lack basic financial literacy. High school graduates in…
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