Montreal, April 14, 2025 - The Chambre de la sécurité financière (the “CSF”) devotes its spring edition of CSF Mag+ magazine to group retirement plans. These savings instruments, which are essential for many Quebecers in preparing for retirement, are evolving to better respond to new economic, demographic and social realities.

Readers will also discover :

• A reminder of the benefits of critical illness insurance - which is clearly under-utilized in Quebec;
• A report on the potential use of genetic testing in life and health insurance;
• A study on the central role that women will play in the largest wealth transfer in history, a reality that professionals would do well to prepare for; and finally

• More current thinking on whether it's better to invest or accelerate repayment of student loans.

   

Major feature: group retirement plans

As members' expectations regarding retirement age become clearer, group plan providers are now having to respond to needs that often go beyond retirement planning, to include, for example, other benefits such as access to savings or budgeting training, and even the integration of a FHSA. And they need to do so within new regulatory guidelines. For their part, financial services advisors need to understand the varied needs of promoters and participants, who are increasingly interested in ESG factors in particular, while conveying clear, understandable information to their clients in accordance with the principles of professionalism.

For public sector employees, the full entry into force of Bill 77 will modify certain pension plans, as will the new parental union which, for example, will affect the finances of common-law spouses even in the absence of a will. Professionals therefore need to stay informed and proactive. Finally, the magazine offers an accessible overview of the Régime de retraite du personnel employé du gouvernement et des organismes publics (RREGOP) and its particularities, to better equip CSF members who advise public sector employees.

"Changes such as the postponement of the retirement age, the demand for responsible or sustainable investments, or the directives on risk management have an impact on the group plans to which Quebecers contribute. By drawing on their knowledge and the issues raised in this dossier, our 34,000 members - many of whom hold more than one professional designation - are well placed to explain to their clients how this will shape their financial future and their retirement," explains Daniel Richard, Vice-President, Community Relations at the CSF.

Professionalism and support

Also in this issue, readers can find out about the range of valuable tools and services that the CSF offers to all professionals.

CSF Mag+ is available free of charge on the CSF website (in French only), and is distributed to all CSF members.