You want to help your employees save for retirement, without enduring the administrative burden of managing a complex pension plan.
FutureStep™ is a fully flexible group retirement savings plan, designed by Manulife Financial to meet the distinct needs of small-business owners. A Group Registered Retirement Savings Plan (RRSP) that includes a Deferred Profit Sharing Plan (DPSP) option, FutureStep provides employers great choice and flexibility.
Combining best-of-class investments, education and online services into a cost-effective structure, FutureStep is easy to set up and manage.
Employees also benefit significantly from their plan membership. By contributing to a FutureStep Group RRSP, employees enjoy reduced taxable income, which in turn increases their savings. As well, employees pay lower investment management fees (IMFs) with FutureStep – allowing them to build greater retirement income for the future.
Choosing FutureStep for your company also entitles you to a variety of plan services that are usually only available to large companies. These services include:
- Your investment funds are monitored by Manulife’s comprehensive i-Watch® program and covered by the Certified Diversified® warranty program,
- Access to Manulife’s secure website and toll-free support,
- Award-winning enrolment and education material,
- Top-rated member account statements, and
- Access to the Steps Retirement Program®.