Pension Add-In

For the desktop and the Web

Get the Whole Picture

Imagine a standardized software technology that can integrate pension plan benefits, RRSPs, Locked-In funds, other assets, property, other future income, and combine all information with one's spouse, children's education planning and other life goals using easy-to-use - and fast - Wizards that provide clear results and conclusions, compelling graphics and wide-ranging and independent retirement planning resources and education. This is what we are trying to achieve with RetireWare.

RetireWare Education Program

An Effective Communications Strategy for Your Most Valuable Benefit

Pension plans are usually the most valuable employee benefit, yet it is too often misunderstood and unappreciated. For most people, the most effective way to save money is through a savings plan at work. Many pay little attention until retirement is around the corner, and often it is too late to take adequate action. Pension plans are complex, integrating them in a financial plan is even more difficult.

RetireWare will help plan members make responsible choices and will help you fulfill of your fiduciary duties. Too often low participation in pension arrangements are due to a lack of understanding rather than a lack of interest. This objective source of information will help them understand their plan within the context of their financial security and take appropriate action.

Our turn key solutions are objective and independent. Information is current, clear and engaging, accessible and visually appealing. Our solutions deliver results and our learning strategies support both your workforce and your business objectives.

CAP Guidelines Compliance Program

Pension Add-in Easy Implementation

If you choose to implement an optional software add-in reflecting the terms of your pension plan, it usually takes no more than a few weeks from decision to production. We can work with your internal resources, the plan administrator or your consultant to obtain the required information and facilitate implementation. We offer a variety of delivery platforms -- including desktop software, the Web and custom portals -- so your workforce can access their information on their terms.

What Do You Have to Do?

Select pricing option and/or cost-sharing with employees
Decide whether add-in will have public or password-protected access
Provide plan information such as pension plan booklet, plan document, or Excel formulae used to prepare annual pension statements
Provide corporate messages and logos to include in add-in and Web page
Give feedback and sign-off on design

Our Design and Implementation Process

Analyze Plan Provisions
Define requirements
Develop add-in and test cases
Create private web page with downloads, PDF booklet and links to information and resources
Put add-in in production and upload to our server
Create custom CD ROMs (optional)
Send launch email

Built-In Capability for Any Type of Plans

RetireWare has built-in capability to accept add-ins for any type of pension arrangement, including:

Defined benefit
Defined contribution
Group RRSP
Deferred profit sharing plan (DPSP)
Hybrid and flexible plans

Employee Access RetireWare Online Resources

Our solutions include:

Broadcast email at launch
Advertising-free RetireWare Retirement Planning electronic newsletters
Branded page on RetireWare.com Website, with your custom message, pension plan information and RetireWare downloads
Free access to RetireWare Web resources, tools and content
Optional retirement and financial planning seminars
Online help and PDF manual
Reports on utilization with statistics and feedback
Employee incentive draws of PDAs, books and magazine subscriptions

We constantly enhance and update our content on the Website to keep abreast of emerging trends with clear and viasula information to facilitate understanding.

Example of a Custom Add-in for a Defined Contribution Plan

Custom Add-ins

Below is an example of a typical add-in for a defined contribution pension plan. It consist of a Windows form that is accessed from within RetireWare as a part of the Step-by-Step Retirement Wizard, or on the 'Pensions' menu.

1. The first tab shows the employee and employer contribution rates. Note that for employer contributions the field is greyed. THis is because in this case, the employer contributions depend on how much the employee will contribute.

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2. In the second tab, the employee enters his or her current fund balances, each of which is associated to an asset class on a drop-down list. These fields can be edited to add new funds.

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3. The third tab displays a pie chart showing the asset allocation of these investments.

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The RetireWare Model

How Does the Pension Add-in Work?

RetireWare breaks traditional boundaries enabling a true flow of information across boundaries that seemed unbreakable until recently. A customized add-in reflects the specifics of a pension plan and is kept in an electronic pension library that can be accessed by employees participating in the pension plan.

Integration also involves voluntarily exchange of financial information between individual users and financial advisor, where the advisor can use planning information developed by a user and perform an in-depth review, apply advanced features and probability analysis.