Industrial Alliance launches IA VRSP: a website that will enable online VRSP requests

QUEBEC CITY, April 16, 2014 /CNW Telbec/ - Industrial Alliance is pleased to present IA VRSP, a new specialized website on the voluntary retirement savings plan (VRSP), which comes into effect on July 1, 2014.

The IA VRSP website (iavrsp.com) is for employers, self-employed workers and individual savers and will simplify the process for them by allowing them to sign up for the VRSP online starting on July 1, 2014, the date the plan comes into effect. Until then, the website will give clients interested in this new plan all the information they need on the VRSP, how it works, how to implement it and much more. The details of Industrial Alliance's VRSP solution will also be unveiled on this website in the next few months.

"Simplicity is key for us at Industrial Alliance. We know that employers, especially small- and medium-sized businesses, don't have much time to spend on managing a retirement plan for their employees. Our goal with IA VRSP is to make things easier for them by putting all the important VRSP information at their fingertips and, starting on July 1, 2014, letting them sign up for a VRSP in just a few minutes," said Industrial Alliance's Renée Laflamme, Vice-President, Group Savings and Retirement.

The creation of the VRSP by the Quebec government should enable about two million Quebec workers to secure themselves a better financial future. Industrial Alliance supports the government's initiative and will offer a VRSP solution that is simple, flexible and beneficial for all!

About Group Savings and Retirement
Group Savings and Retirement offers a wide range of products and services adapted to the needs of savings and retirement plan members. It offers savings products, such as defined contribution plans, as well as institutional money management services and disbursement products. It provides its plan members with a large choice of investment options, such as segregated funds and guaranteed interest investments. With regional offices across Canada, the Group Savings and Retirement sector is one of the largest group savings and retirement service providers in the country.

About Industrial Alliance
Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. operates in Canada and the United States. The Company offers life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgages and car loans and other financial products and services for both individuals and groups. Industrial Alliance is among the four largest life and health insurance companies in Canada and one of the largest publicly-traded companies in the country. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.

SOURCE: Industrial Alliance Insurance and Financial Services Inc.

Pierre Picard
Public Relations
Office: 418-684-5000, ext. 1660
Email: [email protected]