Retirement Savings Plan

Group Plans

Common Wealth offers affordable group RRSP and TFSA plans that help enhance your employees’ financial well-being.

Why a group retirement plan makes sense

Improved financial wellness

Financial stress is a major challenge that impacts everything from employee morale to engagement. By shifting your benefit budget to give employees a reliable retirement savings option, you can ease their financial anxiety and help them stay productive.

Creative compensation

Reward employees with a plan that helps them improve their financial future. Attract and retain talent by improving your total compensation package and reinforce your reputation as an employer of choice by building a culture of happy, productive employees.

Build financial confidence

There’s no better way to build financial confidence around retirement, while benefiting your employees, than giving them access to financial resources and education that help them establish great saving habits.

Let’s start the conversation

Connect with our team of retirement experts to get a demo and explore the right plan design for your workplace.

Creating a group plan that your employees want to join

Learn how to design a matching group RRSP or TFSA plan that works for your company, while creating a positive financial future for your employees.

The Common Wealth Difference

Low fees for all

Common Wealth is the ideal retirement savings plan for small, medium, and large-sized businesses.

Simplified investing

We take the investment burden out of employers’ hands. Because there’s no fund selection or management, no investment knowledge is required.

Expert guidance

We’ll help you structure a contribution and matching plan that works for your company culture and your budget.

Payroll Integration

Common Wealth works with a wide range of payroll systems, minimizing administration and freeing your time to focus on managing and growing your business.

Insights and education

We offer expert guidance to help your employees make informed retirement planning choices, so you don’t have to become their financial advisor.

Safe and secure

The Common Wealth platform is SOC2 compliant, ensuring your employee data and transactions are encrypted and secure.

80% of people are more inclined to work for a company that offers matching contributions to their retirement savings plan.

Natixis, September 2021

Get started with ease and support

Have your plan up and running in just a few weeks.

25% of Canadians spend about 40 minutes per day distracted by personal finance matters on the job

Source: Canadian Payroll Association

An innovative digital platform

Common Wealth’s digital retirement plan gives you a quick and easy way to set up and manage your workplace plan.

No investment knowledge required
Fully digital employee enrollment
Flexible contribution and matching
Automatic payroll deductions
Employer dashboard to manage users

A customer-first approach

We’re dedicated to putting the needs of you and your team first by delivering insights, education, enrollment guidance—and more—to help you get the most out of your plan.

More than just an investment account

We’re able to provide greater value to you and your employees with a true retirement plan that’s more than just an investment account. It’s an easy, digital platform that manages all aspects of the retirement journey.

Pricing

By combining modern technology and group purchasing power, we are able to offer your employees access to fees up to 70% lower than what Canadians typically pay to save for retirement. Our pricing is considerably lower than other group retirement plan providers, including large insurance companies, especially for smaller and mid-sized employers. Connect with us to get a quote for your workplace.

Group Plan Design

Is your group retirement plan the right fit for you?

Is your plan helping employees answer basic questions like: How much do I need to live in retirement? How much do I need to save? What can I expect from government benefits? What investment options are best suited for me? If not, let’s talk!