Our services
Retirement plans for SMEs
Let our team advise you on the best retirement plans for SMEs
Retirement plans for SMEs - Enhance your business, support your employees
At TEG Gestion de Patrimoine, we help small and medium-sized businesses set up group retirement plans that meet both employer objectives and employee needs. These plans are powerful levers for improving retention, attracting talent and offering a significant social benefit, all while benefiting from attractive tax advantages.
Group RRSP
Offer your employees a simple and effective way to save for retirement, with tax-deductible contributions and automatic payroll deductions.
Group TFSA
A complement to your RRSP for tax-sheltered savings, with no tax impact on withdrawal. Perfect for short- to medium-term projects.
DPSP (Deferred Profit Sharing Plan)
Allows the employer to pay premiums linked to company profits into a pension plan for employees, without any compulsory contributions on their part.
Simplified Pension Plan (SPP)
An accessible, well-supervised solution tailored to SMEs, offering structured savings with little administration.
Any questions?
FAQ
Why offer a retirement plan to SMEs?
A pension plan is a strategic employee benefit that helps attract, retain and motivate your employees. It reinforces your position as an employer of choice and demonstrates a commitment to your team’s financial well-being.
What's the difference between a Group RRSP and a Group TFSA?
The Group RRSP allows employees to save for retirement with tax-deductible contributions.
The Group TFSA offers tax-sheltered savings on returns, with no tax on withdrawal – ideal for short- to medium-term projects.
What is a DPSP (deferred profit sharing plan)?
The DPSP allows employers to contribute a portion of their company’s profits to a pension plan for their employees, with no obligation to make a contribution. It’s an excellent way to share in the company’s success while encouraging retirement savings.
What is an SPP (simplified pension plan)?
The SPP is a legislated solution designed for SMEs. It combines the administrative simplicity of a group RRSP with the advantages of a structured pension plan, including employer participation.
Do I have to be a large company to offer a group plan?
No. Our plans are suitable for SMEs of all sizes. Even very small companies can offer their employees attractive savings solutions.
Does the employer have to contribute to the plan?
Employer contributions are optional in many plans, such as group RRSPs and TFSAs. However, it can be a key retention factor and an incentive for employees.
Do you offer support in setting up the plan?
Yes, we offer turnkey support:
Needs analysis
Diet selection
Implementation and employee communication
Annual monitoring and adjustments
* Insurance products and services are offered by Mandeville advisors registered as life insurance agents through Mandeville Insurance Services Inc. and HUB Financial Inc. Your advisor will make sure you understand which entity you are dealing with for the products and services offered to you.
