A highly recommended tool used to ensure promising levels of capital protection. Similar to mutual funds, however these contacts are issued by life insurance companies and include death benefit and maturity guarantees. Moreover, this benefit can provide a level of income for as long as you live, regardless of your investment’s market value.

Benefits:

• Guarantees on principle
• Bypass estate and probate
• Creditor protected

There are two types of annuities: payout annuities and accumulation annuities. A payout annuity is the favored approach when collecting your pension or Registered Retirement Income Fund (RRIF). An accumulation annuity provides options similar to that of a Guaranteed Investment Certificate (GIC) which offers a low-risk, fixed rate of return.

Benefits:

• Generates guaranteed payments for a certain time period or for life

One’s pension upon retirement is largely determined by the number of years in the workforce and survivor benefits that have been set in place. There are varying pension options and we are here to help determine which is right for you.

Benefits:

• With proper pension planning clients will have a more financially stable retirement