Group retirement for Canadian employers

Get more from the group retirement plan you already have.

We work with Canadian companies that already offer a group RRSP or DPSP. We help you look after the plan you have: what it costs your people, how well they understand it, and a written record of it all. No extra cost to your company, and nothing has to move.

Review your existing plan Rather talk? (403) 720-2281

Family-owned. Canadian. Since 1994.

RiskX has worked with Canadian employers since 1994. Gordon and Jarod lead a brokerage that coordinates plans, explains the details, and discloses compensation in writing.

Meet the people behind RiskX

Since 1994Family-owned Canadian brokerage

CanadaGroup Retirement across Canada, outside QuebecComing to Quebec in 2027

WrittenFees and compensation disclosure

Your plan was a good decision. Is it still working the way you meant it to?

In September 2024, CAPSA, the association of Canada's pension regulators, replaced its 2004 guideline for plans like group RRSPs and DPSPs, its first update in about twenty years. It's guidance, not law. It recommends that the employer keep looking after the plan after it's set up, even when a provider does the work. Three questions are worth a clear answer.

Do your people understand it?

The guideline recommends ongoing education after people join. Taking the match isn't the same as knowing why the plan is there and what the match is worth to them.

Are they getting what they pay for?

Fees come out of employee accounts every year, so they don't show up anywhere you'd normally look. The guideline recommends reviewing fees from time to time, with value in mind.

Is anything written down?

Who does what, when fees were last reviewed and what you decided. The guideline recommends keeping records, and a short written one shows the plan is being looked after.

If any of these is hard to answer, that's what we help with.

Source: CAPSA Guideline No. 3, September 9, 2024, sections 1.3, 2.3, 3 and 6.2. What the guideline says for group RRSPs

What working with RiskX looks like

A review is where it starts. After that, we take the legwork off your plate, and the decisions stay yours.

A free review, in dollars

What the plan costs your employees each year, what support they get, and what's worth changing, if anything.

Your plan's governance, written down

Who does what (your provider, your company and RiskX), tracked fee reviews, and what you decided and when you'll look again.

A printed booklet for every employee

In your company's name, at no charge to your company. It explains the plan, the match in dollars each pay, what it costs and where to get help from your provider. We print it because a booklet at home is easier to find than an old email. HR can add or remove anything, and we send copies for new hires.

Help for HR

A few check-ins a year, education sessions and onboarding, and answers to the questions employees bring to HR.

A yearly review

Each year we meet with you to go over costs, support and your goals, and we write down what you decided.

A service agreement, and our pay in writing

The agreement says what we do and when. Each year we tell your company in writing, in dollars, what RiskX was paid.

See everything that's included

Sample cover for a fictional employer. Each client's booklet carries its own company name and plan details.

What it takes to make RiskX your plan's broker

Nothing extra for your company to pay

If your plan has a broker today, your provider pays them each month out of the fee your people already pay. Name RiskX instead, and we're paid from that same fee, not on top of it.

Your provider stays

Your people's accounts stay where they are, with the provider you chose. The one change is your plan's broker: RiskX takes the place of the one you have now.

One short letter

Naming RiskX takes a short letter on your provider's form, which your provider has to accept. No account transfers and no new platform.

How we start

Send us your fee page.
Your provider's fee disclosure or a recent member statement is enough. No employee records, no payroll files.
Email it to gordon@riskx.ca, or call us and we'll help you find it.
We go through it with you.
What your people pay, in dollars, and the support they get. If your plan is priced well, we'll tell you.
You decide.
If you'd like RiskX as your plan's broker, you sign the letter. Once your provider accepts it, we print your booklets, write up your governance record and look after the plan with you.

The review costs your company nothing. RiskX is paid by the plan's provider, out of the plan's fees, and we tell you what we'd be paid before you agree to anything.

Review your existing plan Rather talk first? (403) 720-2281

What a fee difference is worth

One employee saving $500 a month from age 30 to 65.

At about 1% a year: $554,000; by age 65
At about 2% a year: $450,000; by age 65
The difference: $104,000; about 19% less by 65

It's not only about the lowest fee. It's what your people get for what they pay. Your plan may already be priced well, and a review tells you whether it is.

An illustration, not a forecast, a quote or a claim about any plan or provider. It assumes $500 a month ($6,000 a year) saved from age 30 to 65, a 6% yearly return before fees, fees taken from that return, and no taxes, inflation or pay raises. Figures are rounded. Real results depend on each plan's fees, investments and contributions.

Gordon and Jarod Smith
The family behind RiskX. Meet Gordon and Jarod.

Who you'll work with

RiskX is a family-owned Canadian brokerage, founded in 1994 and focused on group retirement plans for employers. Gordon and Jarod Smith lead it, and you'll talk with one of them about your review. Day to day, the RiskX team looks after you.

Group retirement is our focus

Group RRSPs and DPSPs for employers across Canada, outside Quebec. We work best with companies that see their plan as part of looking after their people, and we set up first plans when that's what's needed.

We work with your current provider

We're not tied to any one provider. Changing your plan's broker doesn't have to mean changing your provider.

What we don't do

We don't give investment advice or pick funds. Your provider's advisors help your people with that, where your plan offers it. We help your company and your people use the plan you have.

Questions employers ask first

Do we have to switch providers?

No. You can keep your provider and change only your plan's broker to RiskX, with a short letter on your provider's form, which your provider has to accept. Your people's accounts stay where they are.

Learn more about working with RiskX

What does changing our plan's broker involve?

A short letter on your provider's form, which your provider has to accept. RiskX takes the place of the broker you have now, and nothing moves. If your plan already pays a broker, we're paid from that same fee, not on top of it.

Learn more about how brokers are paid

What does switching providers involve?

More than a broker change. New payroll contributions start at the new provider, and existing savings transfer on their own timetable. It's a long-term decision. If you ever want to compare providers, we'll get you a written comparison, and the decision is yours.

Learn more about switching providers

Is CAPSA's guideline the law?

No. It's guidance from Canada's pension regulators, not law. It describes good practice for looking after a plan like yours. We take the legwork off your plate, and the decisions stay yours.

Learn more about the CAPSA guideline

Let's start with the plan you have.

One conversation, free to your company. You decide what happens next.