DPSPs are a type of pension. It is an employer-sponsored Canadian profit sharing plan that is registered with the Canada Revenue Agency. On a periodic basis, the employer shares the profits made from the business with all employees or a designated group of employees. Employees receiving a share of the profits paid out by the employer do not have to pay federal taxes on the money received from the DPSP until it is withdrawn. An employer that chooses to participate in a DPSP with some or all of its employees is referred to as the sponsor of the plan. Employees who are granted a share of the profits are the trustees of the plan. A group retirement program is an excellent way to:

• Attract talented employees
• Reward and retain loyal employees
• Enhance workplace morale
• Help employees achieve a secure financial future

Benefits from our retirement programs include:

• Flexible and cost effective plan design ideas
• Dedicated customer service
• Dollar cost averaging
• Easy payroll deduction
• Lower investment management fees
• Tax effective savings through registered plans
• Large selection of investment options
• Employee communication material
• Variety of options are available upon termination or retirement