Trusteed Group Retirement Plans

By Mark Barnicutt on February 5, 2011

The group retirement plan landscape internationally is dominated by trustee arrangements. In these arrangements, a trustee is appointed to bear the responsibility of ensuring the safety of the assets entrusted to this legal entity. Normally, in trustee arrangements a series of providers are contracted together to cover the services necessary to meet the obligations of properly running the plan.

Other than the largest of plans, the Canadian group retirement marketplace has been dominated by the Insurance industry. The services offered by the Insurance Industry are ‘packaged’ services. All necessary services ranging from plan design through administrative and investment services are offered through that single provider. This is an anomaly internationally since conventional wisdom dictates that no one organization has the skill set, knowledge, ability or resources to provide “Top Tier” services in every area.

The attached HighView article provides an overview of the key features & benefits of the trusteed group retirement solution.  To view this article, please click here..

Mark Barnicutt
See Beyond

Receive Market Commentary + Stewardship Insights.