Employee Benefits | Oakway Financial Group

Group Retirement Plans That Don’t Put People to Sleep

Let’s face it, most group retirement plans are a snoozefest. They’re complicated, boring, and often feel disconnected from your employees' real financial lives.

We’re here to change that.

At Oakway Financial, we help Canadian businesses build group retirement and pension programs that employees actually understand, appreciate, and use — without overwhelming your HR team or draining your budget.

Retirement Plans Should Do More Than Just “Check a Box”

Group retirement benefits aren't just a perk. They're a powerful tool to:

Help employees save for the future
Support financial wellness
Boost retention and morale
Attract high-calibre talent
Create a culture of long-term thinking

But too often, plans are underused, undervalued, or simply underwhelming. We fix that — by making retirement planning real, not just “registered.”

What We Offer

We help you design, implement, and manage a retirement plan that aligns with your team, your budget, and your business goals.

Group Retirement Plans (GRRSP)

A flexible, familiar option that allows employees to contribute pre-tax dollars — and gives you the option to match. Easy to set up, even easier to understand.

Defined Contribution Pension Plans (DCPPs)

For employers looking to offer a structured retirement solution with predictable contributions. Great for long-term retention and added stability.

Deferred Profit Sharing Plans (DPSPs)

Want to reward employees based on company performance? DPSPs let you share profits in a tax-efficient way — with no employee contributions required.

TFSA & Non-Registered Plans

Add flexibility with Tax-Free Savings Accounts or non-registered investment options for supplemental savings beyond RRSP limits.

What Makes Us Different?

We don’t just “set it and forget it.” We stay involved to make sure your plan:

Is cost-efficient and competitive
Follows all compliance and CRA requirements
Is communicated clearly to your employees
Includes optional financial education and advice for your team
Comes with full support for payroll integration, remittances, and reporting

Common Problems We Solve

“Our plan is too expensive or underperforming.”
“Employees don’t understand or use it.”
“We have no idea if this is still competitive.”
“Nobody’s looked at our plan design in years.”
“We’re not sure we’re even compliant anymore.”
“It’s a nightmare to administer.”

Sound familiar? We can help — without the jargon, delays, or confusion.

Retirement Plans With a Human Touch

We believe your group retirement program should reflect the care and intention you put into your business. It should be easy to manage, easy to communicate, and easy to appreciate.

And yes, we’ll help make the numbers make sense too.