Winch Group Client Login

Ontario Drug Benefit (ODB)

If you belong to one of the following groups of Ontario residents and you have valid Ontario Health Insurance (OHIP), you are eligible for drug coverage under the ODB Program

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Coordination of Benefits

Coordination of Benefits (COB) is one of the most effective methods for families to maximize their benefits coverage.

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Retiring Allowance

A retiring allowance is an amount received on or after leaving employment in recognition of long service.

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PENSION FOCUS™

For Group Retirement Programs

Does your Group Retirement Plan meet the new Guidelines for Capital Accumulation Plans?

The CAP Guidelines ensure that employers adhere to sound plan governance practices, including:

• Documentation of the plan’s operations
• Major policies
• Decision-making criteria
• Roles/responsibilities of the parties involved, and
• Oversight requirements

The Winch Group has designed a process we call BENEFIT FOCUS™ for Group Retirement Programs to help employers conduct a comprehensive review of their Group Retirement Plan and ensure that it meets the Guidelines and is priced competitively.

Step 1: Initial Consultation

A free initial consultation in which we assess your current program, gather pertinent data and establish the goals you would like to achieve with your Group Retirement Program.

Step 2: The Pension Performance Audit™

This audit comprises a 10-point checklist within which we review:

1. The current Group Retirement contract
2. Full disclosure of the fee/compensation structure payable to your current advisor
3. The current benefit formula, relative to the needs of the various employee classifications and company budget considerations
4. Investment Management Fees (IMF’s)
5. Current fund selections
6. Retirement liability funding
7. Investment management performance and strategy
8. Recurring expenses
9. Plan support and service on all levels
10. Conduct a complete market survey

We also conduct a review of the CAP Guidelines with your Plan Administrator and ensure your program complies.

Step 3: Presentation & Recommendations

We present the results of our Pension Performance Audit™, review each of the issues in detail and design a strategy to deal with each one. We outline the timeline required to implement our plan as well as any administration tools and resources that will ensure a seamless transition.

Step 4: Implementation

• Implementation of the strategies and tools agreed upon during the previous meetings
• Apply the most current and efficient administrative systems
• Discussion and review of The Winch Group’s Ongoing Service Commitment

Step 5: Service & Annual Review

Our ongoing services include:

• Complete market surveys every 3 years
• Quarterly claim updates
• Communication of changes in the marketplace
• Administration support & claims mediation