Employee benefit packages are a proven tool in helping you attract - and retain - valuable employees. To help, we offer Royal Choices Plan.

With Royal Choices Plan, we can take care of all the administrative details - including detailed reporting to assist with record-keeping-while providing you with advice on the broad array of investment opportunities.

We can help you create a Royal Choices Plan for your company that features your choice of Group Registered Retirement Savings Plans (RRSPs), non-registered Group Investment Accounts (GIAs), Deferred Profit Sharing Plans (DPSPs), or any combination of these.

We provide comprehensive support services to plan members and sponsors. This includes:

• handling contributions and filing all necessary documentation with Canada Customs and Revenue Agency
• reporting on a quarterly basis, or monthly if there's account activity
• toll-free telephone support anywhere in Canada
• educational sessions for plan members and sponsors

Establishing a Group RRSP for your business enables your employees to contribute to an RRSP through the convenience of payroll deductions. They benefit from RRSP tax savings and by having less income tax withheld from each paycheque. And by matching employee contributions in any dollar amount, employers can encourage employee participation and enhance recruiting efforts.

Deferred Profit Sharing Plan (DPSP)

A Deferred Profit Sharing Plan (DPSP) is frequently used to give employees a healthy incentive to stay with a firm. In turn, DPSPs can help a firm plan for the future, helping it achieve long-term goals. DPSPs provide an opportunity to transfer some of a firm's pre-tax profits to its employees and contributions are not subject to payroll-related charges. In conjunction with a Group RRSP, a DPSP can provide a cost-effective alternative to traditional pension plans.

Group Investment Accounts

A Group Investment Account (GIA) is a non-registered group savings or investment plan. It helps employees invest for a variety of goals, including sabbaticals, vacations, home improvements and more.

To learn more about business planning services, please contact an Investment Advisor or ask an Investment Advisor to contact you.