Justwealth, one of Canada’s leading robo-advisors, has launched their new digital hub offering innovative and low cost options for groups savings plans such as RRSPs and TFSAs- ideal for later startup ventures considering employee benefits!
Earlier this summer, Andrew Kirkland, co-founder of Justwealth, joined the Altitude Accelerator to speak from the entrepreneur’s perspective in our E2E COVID Survival Toolkit: Agile Innovation webinar. Not satisfied with just speaking about the topic, the team demonstrated their commitment to agile innovation through launching a new online hub for digital group savings plans (Group RRSPs & Group TFSAs).
“It is our expectation, that many workplaces will continue to lean on virtual work arrangements for the foreseeable future,” said Mr. Kirkland. “The ability to leverage Justwealth’s online plan set up and investment processes is timely for companies that are tasked with looking for convenient plan administration, while taking their employees’ best interest into account.”
Justwealth & Cowan Insurance Group on Innovative Group Savings Plans
Richard Burton-Williams, Head of Justwealth Institutional and Paul Webber, Principal Pension Consultant at Cowan Insurance Group speak about Justwealth’s startup journey as a RIC client, when businesses should consider these group savings plans, and what this can look like on a digital platform.
Customizable Group Plans
Many of the benefits offered to Justwealth’s individual clients are available to employees as part of a group plan – customized to an individual company’s specifications.
- Online processes including an online employee hub
- Automated portfolio recommendations
- Portfolio monitoring & rebalancing
- Low-cost fees
- Access to a registered portfolio manager
As part of Justwealth’s updated group savings plans offering, they have also partnered with SEB Administrative Services Inc., one of Canada’s leading providers of technology solutions for benefits administration, to offer plan administration services and direct payroll deductions.
For years, the Canadian group savings landscape has been dominated by the limited and expensive choices offered by traditional financial services players. Justwealth presents a low-cost, digital solution.
About Justwealth Financial Inc.
Justwealth is one of Canada’s most comprehensive online portfolio management platforms, offering over 70 different portfolios to better align with a diverse range of investor objectives. Justwealth was founded by experienced investment industry professionals to provide “Justice” to the overcharged and underserved Canadian investor. Justwealth is registered as a Portfolio Manager in all ten Canadian provinces.