As with all RCCAQ Insurance products, the group RRSP is designed to minimize your administrative burden. The group RRSP has the following characteristics:
Contributions via salary deductions
Online account access
Voluntary participation by employees (no minimum contribution)
Various employer contribution levels are available
Immediate tax reduction for employees
Higher interest rates than those offered by banking institutions on guaranteed investments
No entrance/exit fees
The ratios of management expenses to fund size are among the lowest in the industry