Welcome to Common Wealth
Common Wealth is Canada’s fastest-growing group retirement provider, working in collaboration with leading brokerages and advisors across the country.
Known for its innovative technology and exceptional service, Common Wealth’s platform integrates RRSPs, TFSAs, DPSPs, and DCPPs into one comprehensive plan. By partnering with advisors and employers, Common Wealth makes retirement planning and saving accessible, straightforward, and impactful for Canadians.
Common Wealth equips advisors with the support and solutions necessary to effectively manage and grow their group retirement business. Here’s what sets us apart:
- Comprehensive Tools and Support: Our platform includes detailed plan review templates, CAP-compliant reporting tools, and seamless client onboarding, enhancing service delivery and operational efficiency.
- Enhanced Reporting: We support advisors with sponsor-level insights, including over 80 data points covering participation rates, retirement readiness benchmarks, and governance review tools to drive better client outcomes.
- Proven Expertise: Recognized for our technology and client-centric approach, we help advisors drive measurable growth in their retirement practice.
Delivering Value to Your Clients
Common Wealth offers a digital and value-driven approach that simplifies administration for employers and helps employees build long-term financial security. Here’s what we can provide:
For Employers:
- Streamlined Payroll Process: Running a pay cycle takes around 10 minutes, minimizing administrative workload.
- Comprehensive Reporting: CAP-compliant governance and detailed plan performance insights.
- Flexible Plan Options: Supports DCPPs, RRSPs, DPSPs, and TFSAs tailored to employer needs.
- High Satisfaction: Average employer satisfaction score was 4.8 out of 5 in 2024 – with an NPS score of +64.
For Members:
- Low Fees for Life: Maximized savings through cost-effective investment options.
- Personalized Retirement Insights: Tools like auto-enrollment and customized projections keep employees on track.
- Flexible & Easy Savings Management:Employees can adjust contributions to fit their goals while consolidating external savings, including LIRAs and LIFs.
- High Satisfaction: The average member satisfaction score was 4.6 out of 5 in 2024.
Company Details
Benefits Alliance is Proud to Partner with Common Wealth Retirement
Benefits Alliance is Canada’s leading organization of independent benefits advisory firms. As an industry leading association, Benefits Alliance focuses on education, collaboration and advocacy by providing their members with tools, resources, and unique proprietary products and services that meet and exceed client expectations. Their members, who are employee benefit and retirement plan specialists work with more than 13,000 employer plan sponsors who collectively have over two million Canadians enrolled in their plans.