Workplace pensions and savings
Saving for yourself doesn't always mean saving by yourself. If your company has a retirement savings plan with Sun Life Financial, you should know it has some real advantages you should consider. Need some convincing? Take a look at the low cost and extra benefits your group plan can offer.
Take advantage of your company group plan
No load funds - When you invest through your group plan, Sun Life Financial buys directly from the investment manager or mutual fund company on your behalf. These are wholesale arrangements, so no sales commissions apply.
Lower investment management fees - Your company and Sun Life Financial together have bargaining power that you as an individual may not have. So, they can usually negotiate lower investment management fees than you would otherwise pay as an individual investor.
No fees to transfer between funds - You can transfer funds between investments at any time without paying fees.
Leading investment managers - You have access to Canada's leading investment managers, with some only available through a group plan arrangement.
Instant Tax Savings - If you're contributing to a registered plan by payroll deduction - assuming you have available contribution room - you can arrange with your employer to have your contributions invested on a before-tax basis. So, you don't have to wait until you file your income tax return to receive a tax benefit.
Convenience - Payroll deductions make saving easy. You'll be amazed how much you can save by making contributions regularly.
Round-the-clock access - Your Sun Life Financial Group Retirement and Saving account gives you 24-hour access through our interactive phone and online services. You'll also receive detailed statements regularly.
Before you look to save somewhere else, check out what your group plan can offer. It's usually the best deal going.