The FutureStep Group Registered Savings Plan (RRSP)

As a business owner, you understand the importance of attracting and retaining valuable employees. Knowing that your strongest employees are your key competitive advantage, fostering a positive work environment means offering a diverse compensation package which in turn improves morale and productivity.

The Chambers Plan and Manulife Financial have a solution.  The FutureStep® Group Registered Retirement Savings Plan (RRSP) is designed specifically to be simple to administer and is available to companies with as few as two employees.

And for even greater flexibility, business owners also have the option of adding a DPSP – an employer-sponsored deferred profit sharing plan. The DPSP provides you the option of linking your contributions directly to the profitability of the business, and sharing business profits with employees by contributing to the DPSP on each employee’s behalf.

Key benefits to you

• No RRSP plan administration fees
• No cost to you, unless you choose to make contributions to your employees
• A quick and easy online application process
• A  fund platform carefully selected for retirement savings, managed by expert fund managers and monitored by Manulife’s comprehensive
  i-Watch® program
• Coverage with the Certified Diversified™ warranty program. Manulife will certify that the plan’s fund line-up meets the CAP Guideline expectations for investment diversification.

Key benefits to your employees

• Award-winning enrolment, education material and industry leading statements
• A secure website featuring comprehensive education and support tools – such as Manulife’s industry-leading Steps Retirement Program™
• Direct payroll deduction –  immediate tax benefit
• Low investment management fees

Future Step – Simpler and easier than your typical Group RRSP! Learn more and request a quote.