With its new Deferred Profit Sharing Plan (DPSP) option, Manulife Financial’s FutureStep product now offers small and mid-sized Canadian businesses more choice and flexibility in helping employees save for retirement.<\/p>\n
The recently added DPSP option combines with FutureStep’s Group RRSP to offer best-of-class investments, education and online services in a cost-effective retirement savings plan typically only available to large employers.<\/p>\n
“Currently, more than 7.6 million Canadians employed by small to mid-sized businesses do not have access to a workplace retirement savings program,” said Sue Reibel, senior vice president of group benefits and retirement solutions, (TSX:MFC<\/a>).<\/p>\n