WHY A CONSULTANT?

In pension plan management, it is possible to deal directly with a service provider or to use the services of a consultant, such as BGY.

Our experience tells us that it is better to use an independent consultant. Below are some specific benefits accessible through a specialized consultant such as BGY:

 

  • Contributes to financial education and participants’ financial wellbeing*
  • Protects the interests of participants and sponsors by ensuring the quality of basic services
  • Continuously monitors the plan’s compliance with applicable standards, laws and guidelines
  • Carries out an independent monitoring of providers and guides the sponsor in the best choice according to the objectives and corporate needs
  • Ensures independent access to efficient and diversified tools
  • Fairly negotiates fees charged by the provider
  • Enables peace of mind and reduces sponsor responsibilities **

 

* Participant: employee, member
**Sponsor: employer, pension committee, union, association