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Saving & Investments
RESP & RRSP

Blend of Saving and Investments.

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Savings and Investment

Grow your money with peace of mind and to enjoy a comfortable retirement or save for a rainy day fund.

RRSP

A registered retirement savings plan (RRSP) helps you save tax-free until you retire. By investing in an RRSP.

TFSA

A tax-free savings account (TFSA) helps you grow your savings tax-free. It’s the perfect tool to save for a project like a trip, a house purchase or a new car.

IPP

The Individual Pension Plan (IPP) is tailored to business owners and executives looking to optimize their retirement income.

For all your short-, medium- and long-term life goals, like travelling or buying your first home or dream car.

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Retirement Income

Over the course of your retirement, you will convert your registered savings plan into income funds or annuities so that you may draw upon your funds as required. These options, which vary according to the type of plan that you own, allow you to regularly withdraw money while continuing to accumulate tax-free savings from investment income.

RRIF

A RRIF acts as an extension of a registered retirement savings plan (RRSP). It allows you to utilize the savings you have accumulated during your working life. You have until December 31 of the year you turn 71 to convert the amounts invested in your RRSP into a RRIF.

LIF

If your savings have been placed in a locked-in retirement account (LIRA), a life income fund (LIF) will allow you to periodically withdraw the funds you require to live comfortably.

Annuities (Guaranteed Income)

Annuities are ideal if you would like to convert a portion of your savings into a fixed and guaranteed income that provides you with regular payments. There are two types of annuities: life and certain. Savings and Retirement Plan also offers a guaranteed lifetime income.

Turn your retirement dreams into reality.

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RESP (Registered Education Savings Plan)

Registered Education Savings Plans help you financially plan for your child’s
education well into the future.

Key Benefits of RESP

Contribute

You start saving early in your child’s registered education savings plan (RESP) and take advantage of generous government grants.

Accumulate

Your regular contributions and grants generate interest. Your registered education savings plan (RESP) grows tax free.

Benefit

Your contributions are returned to you to fund your child’s education. Your child receives the grants and the total interest from the RESP.

Don’t make money be the obstacle in giving your kids a brighter future. Add feathers to their higher education and career by availing a quote today!

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Segregated Funds

Segregated funds are similar to mutual funds, however what sets them apart is the guarantee they offer of investment protection against possible market downturns. Distributed exclusively by insurance companies, segregated funds are comprised of stocks, bonds or market securities and are managed by experts.

Guaranteed Interest Funds

Offer a fixed and guaranteed interest rate for the term of the investment, offering a 100% guarantee of your capital at maturity and more.

Mutual Funds

Fluctuate according to market value and do not offer any guarantee on your investments and offers a diversified asset mix and more.

Daily Interest Fund+

The Daily Interest Fund+ (DIF+) allows you to make deposits yourself in investments that you previously selected with your advisor.

High Interest Savings Account

A High Interest Savings Account is a good option to grow your money with complete peace of mind. Whether you want to invest right now or want to invest in the near future.

Want to protect, grow and preserve your money?

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responses to questions

FAQ

I don't have a lot to invest. Are segregated funds for me?
You can start investing in Guaranteed Investment Fund (GIF) for as little as $50 per month when you set up a pre-authorized debit (PAD) plan.
What types of accounts can I hold GIFs in?
You can hold Guaranteed Investment Funds (GIFs) in a number of account types, including Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs), non-registered plans, locked-in plans and Registered Retirement Income Funds (RRIFs).
How do resets work?
If a segregated fund has a “reset” option, you can reset the guaranteed value of your contract when the market value becomes higher than the original value (or “book value”) of your investment. This reset function allows you to keep pace with market growth. Generally, when the reset feature is used, the maturity date will also be reset.
I don't qualify for life insurance. Can I hold a segregated fund?
Yes. Segregated funds are actually ideal investment solutions for individuals who don’t qualify for life insurance. That’s because they offer death benefit guarantees that ensure your beneficiaries will receive a guaranteed percentage of your original investment (less any withdrawals and fees) upon your death. There is no medical checkup or underwriting required.
Can I access my money before the maturity date?
Yes, you can withdraw from a segregated fund before the maturity date, however your guarantees will be affected. They will be proportionately reduced by any withdrawals or fees applicable to the withdrawal.
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