About a year ago, we became aware of the fact that over 13 million Canadians were unable to save for retirement by contributing to some type of savings plan through work. Most of these employees worked at small and medium sized businesses. It wasn’t that they didn’t want to offer their employees this type of benefit but the traditional offerings were complicated or expensive or took too many resources for a smaller business to manage. So, we decided to do something about it.
We started with a simple belief that every Canadian worker, regardless of the size of the company they work at, should have an opportunity to save for their future. We then coupled that with a mandate that every employer should be able to offer a group plan without dealing with outdated, paper-based procedures that take up valuable time that could instead be focused on running the actual business. So, after a year of work built on those two foundational pillars, today we launch Nest Wealth at Work in partnership with great companies like Vanguard and Morneau Shepell.
Nest Wealth at Work is Canada’s first fully digital, Group RRSP plan focused exclusively on providing the best products, solution, and technology to small and medium-sized Canadian businesses.
This platform has been built from the ground up for busy business owners and is 100% free for employers. There is no initiation, administration, setup or monthly fees. The whole process to roll it out is simple, fast and online.
Most importantly, since the goal of any group saving plan is to leave the employees better prepared for their retirement, It lets employees save even more wealth because they’ll pay almost 2/3rds less than the average individual Canadian investor.
We are so proud to be able to level the playing field to empower all businesses in Canada to finally offer the types of benefits that help their employees live a happy and healthy life now and in retirement.
If you work for a company that doesn’t offer a group RRSP plan then go to nestwealthatwork.com to learn more.
And, if you are a company that’s always wanted to be in a position to offer your employees an easy to manage path to financial well-being, then, make a decision today to create a better future for your employees at no cost to your business. Go to nestwealthatwork.com and join over 200 other small and medium Canadian businesses just like yours that have shown their employees how much they are valued by offering Nest Wealth at Work’s Group RRSP solution.
Founder and CEO, Nest Wealth