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Commercial Banking > Employee Loyalty and Payroll > Group Savings Plans
With a group savings plan, you can offer your employees the option to invest for specific goals like retirement planning or buying a house, with personal investment advice to help your employees identify and reach their goals. Our team of professionals will help you set up a plan that fits your needs and is easy to administer.
Group savings plans are a flexible, cost-effective way to provide additional benefits to attract and retain employees
Your RBC account manager is your business partner and your advocate. They are your connection to RBC specialists and provide the gateway to flexible and innovative products and services to meet your business needs today and help you plan for success in the future.
Currently, RBC Group Financial Services (GFS) administers more than 4,000 group savings plans in Canada for businesses and organizations of all sizes, in all major industries and across the private and public sectors. We manage more than $2 billion in assets for more than 150,000 employees enrolled in these plans.
RBC group savings plans are products of RBC Group Financial Services, a division of RBC Asset Management Inc.
RBC Funds are offered by RBC Asset Management Inc. and distributed through authorized dealers.
Guaranteed investment certificates (GICs) are products of Royal Bank of Canada or its affiliates. Investment advice is provided by Royal Mutual Funds Inc. Royal Mutual Funds Inc. is licensed as a financial services firm in Quebec. RBC Asset Management Inc., Royal Mutual Funds Inc. and Royal Bank of Canada are separate corporate entities which are affiliated.