Our expertise

Group Annuity

The new demographic and social realities, as well as the workforce shortage, compel employers and employees to realize the importance of establishing a group annuity plan.

Group Censeo can guide you in this process in order to help you make the right decisions.

Our service proposal is summarized as follow:

Analysis of the client’s needs

Understanding the client’s objectives considering the financial, legal, administrative and fiscal aspects.
Establishing a choice of a plan adapted to the client’s needs (Defined contribution pension plan, group RRSP, Deferred Profit Sharing Plan (DPSP) and Simplified pension plan (SIPP))

Tenders

To verify the competitiveness of the proposed pricing and the different financial arrangements. To evaluate the management and administration services, as well as the communication tools, provided by the supplier.

Preparation of specifications book
Analysis of quotes and recommendation of a services supplier
Evaluation of the costs and agreements of the proposed services
Choosing a service provider

Implementation

Establishing the implementation process
Training of administrators in order to facilitate the management of the plan and promote an effective implementation and an efficient continuous management.
Scheduling information meetings and / or implementation seminars with employees

Communication

Establish means of communication in order to inform employees effectively and facilitate the administrator's work.

Development of bilingual communication tools
Establishment of practices promoting an effective and comprehensive usage of the plan
Annual information meetings with employees