Services

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• How the program compliments the employees benefits program & total compensation.
• The company philosophy provides guidance in developing the program.  
• The goals and budget are established and regularly reviewed.

We start with an evaluation of the different Company Sponsored Savings Programs and select the best fit for your company.  Then, we discuss which products (ie. RRSP; Pension; DPSP; TFSA etc.) are required.  We review associated legislation, existing programs and the goals/budget. This process sets the direction for selecting which Plan Provider is the best fit.  Plan Providers handle the administration and record keeping for the investments.  It's more than just about the fees charged by the Plan Provider, it's also about the investment offerings, services, the member experience, tools, reliability, flexibility, unique services, accuracy, technology advancements and more.  Though many years of experience, Focused Retirement Solutions has acquired extensive knowledge and experience in navigating this entire process. 

The sheer number of investment options and types can seem overwhelming.  From Target Risk/ Target Date Funds to ESG Investing, we partner with clients to help them select the best investment offerings for their employees. 

Communication with plan members is critical to a successful program.  Together we determine the best methods to deliver education, tools, and ongoing support. This could include a combination of: group on-site meetings, flyers, one-on-one meetings, webinars, webcasts, emails, recorded sessions etc. to ensure the right message is delivered to all employees/members.  Regular communication keeps employees informed and engaged.  The more engaged members are, the better they will feel about their financial wellness.

All Company Sponsored Savings Plans in Canada should follow CAPSA Guidelines. These guidelines outline the expectations of regulators regarding the operation of a Capital Accumulation Plan (CAP) and plan governance.  Understanding which guidelines are applicable and how to implement them are critical to the development and maintenance of any successful Company Sponsored Savings Plan.  For the actual guidelines, please click the link below.

When you partner with Focused Retirement Solutions,  your program will be customized, well maintained and will follow the suggested guidelines.  The program will provide clear and concise documentation in a format that's easy to share with all interested parties (ie. auditors, international partners, members, companies you may buy or who may buy you). 

A comprehensive marketing review of the top Plan Providers in Canada.

Together, we invite selected Plan Providers to present their services.  This allows clients the opportunity to understand the differences in Plan Provider offerings in a face-to-face setting.   

By keeping current with industry trends, Focused Retirement Solutions provides clients with insight that helps to create a program that can attract and retain top talent. 

Overseeing all of the plan documents ensures that all parties are working together to successfully implement and maintain your customized retirement solution.  Focused Retirement Solutions documents all major decisions, amendments, meetings, and tracks employee engagement. 

We meet at least annually to conduct a review of the Plan Provider, the investments, the procedures, administration and to develop upcoming member communications. 

Focused Retirement Solutions is dedicated to providing proactive superior levels of advice and service to your company and your employees.  If it's time to review your current program, or start a new one, simply click on the  "CONTACT" button below to get started.

  A tax efficient method of transferring assets from your company to pay you in your retirement.

• Connected Individuals (owning >10% of shares)
• Best suited for ages 45 or older, and still 4-5 years from retirement
• Annual income on T4 of at least $75,000 most years
• Employed at least 10 years (to maximize "buy-back" opportunities)

• Income at retirement may be up to 30% more than if you maximized your RRSP
• Tax deduction for the company (including paying for all associated fees)
• Significant tax savings through tax deferral
• Assets in the I/PPP are usually creditor-proof
• Predictable retirement income 

Generally, if the owner/designated employee is younger or if the company profits are cyclical, a PPP may be the best solution as it allows for more flexibility in contributions.  For all others, an IPP may be the better alternative.  Focused Retirement Solutions partners with you to navigate these complex options to ensure that we select the right solution for you.

I/PPP's are a great way to move assets from your company to your retirement savings.  

Please contact Focused Retirement Solutions to ensure that you Retire with Confidence.