The downsizing wave continues for major brands you probably know well. The number of layoffs in Canada has increased over 20 percent a year ago, when the labor market continues to weaken, according to the economist at the Royal Bank of Canada.
As more companies grapple with uncertain economic conditions, it’s natural to wonder whether your employer can protect your retirement for the next 20 or 30 years.
Ask yourself:
- Do you trust your employer to manage your retirement funds safely?
- Is the industry you work in stable enough to guarantee the security of your pension?
- Are you confident that your employer will remain financially sound in the decades to come?
Now more than ever, it’s important to take a closer look at your financial future. Whether you’ve been affected by layoffs or are concerned about the stability of your employer, it’s time to reassess the security of your retirement.
Watch this video where I’ll tell you how to transfer your company pension to a safe Canadian insurer such as Sun Life, Manulife, Canada Life or Desjardins as part of a copycat annuity.
This process not only ensures that your pension will be in the hands of a reliable financial institution, but you will also be able to qualify for your pension cash bonus payout up to $25,000!
Before you sign any paperwork (especially if you have been notified of your layoff), contact Pension Solutions Canada to discuss. You can call us at 1-888-554-6661 Or choose a day for a consultation meeting on the Zoom platform.
