Quebec City-base Industrial Alliance Insurance and Financial Services Inc. has introduced a new look to its group retirement savings plan statements.
Industrial Alliance (TSX:IAG) says the new statement will serve as a retirement planning tool that is simple, easy to understand, educational and personalized for each plan member.
“Research shows that members get more out of information presented visually than from technical written texts. The presentation of our new statement clearly makes it easier to understand, as members can see at a glance where they are with their savings and how close they are to achieving their retirement objectives,” says Renée Laflamme, vice-president, group savings and retirement.
In addition, personalized messages, solutions and tips have been added to the new statement to enable members to learn more about issues related to retirement and to use the statement as a financial planning tool.