{"id":24354,"date":"2025-11-03T16:16:21","date_gmt":"2025-11-03T16:16:21","guid":{"rendered":"https:\/\/insurance-canada.ca\/?p=84235"},"modified":"2025-11-03T16:16:21","modified_gmt":"2025-11-03T16:16:21","slug":"empire-life-launches-group-retirement-savings","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/11\/03\/empire-life-launches-group-retirement-savings\/","title":{"rendered":"Empire Life Launches Group Retirement Savings"},"content":{"rendered":"<h3><b>Innovative digital platform designed specifically for small and medium-sized businesses<\/b><\/h3>\n<p>Kingston, ON (Oct. 21, 2025) \u2013 The Empire Life Insurance Company is pleased to announce the national launch of its Group Retirement Savings (GRS) platform. Deployed over the past year to selected customers, GRS is now available across Canada.<\/p>\n<h4><b>All-digital platform and outstanding service deliver ease and simplicity<\/b><\/h4>\n<p>The Empire Life GRS platform was designed to meet the unique needs of small and medium-sized businesses:<\/p>\n<ul type=\"disc\">\n<li><b>Advanced technology<\/b> and a modern digital customer experience enable advisors to enrol plan sponsors in minutes, with <b>real-time plan creation<\/b>. This means a company\u2019s GRS plan is instantly active and ready to use. The same speedy set up applies to employee enrolment.<\/li>\n<li><b>Flexible plan design<\/b> means employers can<b> customize their plans <\/b>to meet their needs and the needs of their employees. No minimum contribution is required; however, many employers match employee contributions.<\/li>\n<li><b>Intuitively designed portals<\/b> for advisors, employers and plan members save time by simplifying choices and administration tasks. Single sign-on gives advisors, employers and employees easy access to group health benefits and group retirement savings if they have both with Empire Life.<\/li>\n<li><b>Streamlined investment options<\/b> make it easy for employees with different investor profiles to <b>create a portfolio that suits their goals.<\/b> Empire Life\u2019s 100-plus-year history as a trusted provider, meeting the financial needs of Canadians, offers peace of mind.<\/li>\n<li>Our <b>renowned service<\/b> team delivers personalized and caring support.<\/li>\n<\/ul>\n<p>\u201cIt\u2019s well-designed, flexible and easy,\u201d says Andrew Noble, Managing Director, Group Savings at benefitsConnect Canada, who was an early adopter. \u201cSimplicity and ease of administration are critical, especially for small and mid-sized companies that don\u2019t have large HR departments. I don\u2019t think it\u2019s ever taken me more than 10 minutes to get a customer set up, which is really pretty amazing.\u201d<\/p>\n<p>Helping customers win in a competitive talent market<\/p>\n<p>Saving for retirement is the top priority for Canadians, second only to paying for day-to-day expenses, according to the 2025 Canadian Retirement Survey published by HOOPP and Abacus Data.<\/p>\n<p>\u201cFinancial stress is on the rise and Canadians are looking to their employers for help,\u201d says Vanessa Lycos, Vice-President of Group Product and Marketing. \u201cA group retirement savings plan can be a cost-effective way for employers to support employees with their savings goals. When employees pay themselves first through payroll contributions, saving becomes automatic, easier and less stressful.\u201d<\/p>\n<p>\u201cOffering a GRS plan can also provide employers a competitive edge in attracting and retaining talent,\u201d notes Christine Wyatt, Vice-President of Group Distribution. \u201cIt\u2019s a key component of a holistic benefits offering.\u201d<\/p>\n<h4 class=\"smallhead\"><b>About Empire Life<\/b><\/h4>\n<p>Established in 1923, Empire Life is a subsidiary of E-L Financial Corporation Limited. The company\u2019s mission is to provide expertise and intelligent solutions to help Canadians navigate life with confidence. As of June 30, 2025, Empire Life had total assets under management of $19.7 billion. For more information, visit <a href=\"https:\/\/www.empire.ca\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.empire.ca<\/a>.<\/p>\n<p class=\"referencetext\"><i>SOURCE: The Empire Life Insurance Company<\/i><\/p>\n<p> Tags: <a href=\"https:\/\/insurance-canada.ca\/tag\/benefits\/\" rel=\"tag\">benefits<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/empire-life\/\" rel=\"tag\">Empire Life<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/launch\/\" rel=\"tag\">launch<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/platform\/\" rel=\"tag\">platform<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/retirement-planning\/\" rel=\"tag\">retirement planning &amp; savings<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/small-business\/\" rel=\"tag\">small business<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Innovative digital platform designed specifically for small and medium-sized businesses Kingston, ON (Oct. 21, 2025) \u2013 The Empire Life Insurance Company is pleased to announce the national launch of its Group Retirement Savings (GRS)&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/24354"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=24354"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/24354\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=24354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=24354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=24354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}