Know the facts: 3 reasons to stay with PEPP when you retire
Are you over 50 and unsure what to do with your PEPP account once you retire? Here are three reasons why it pays to stay in PEPP.
PEPP is a non-profit pension plan
Unlike the big banks or wealth management firms, we don’t exist to create a profit nor do we have shareholders. PEPP operates on a cost recovery basis. The fees incurred are the actual costs for operating the Plan and investing the Plan’s assets.
All investment funds have fees. As an investor, you should know what fees are being paid by you or by the funds you invest in. Fees can add up and take a big bite out of your hard-earned savings.
Strong, long-term fund performance
PEPP’s investment funds tend to outperform comparable funds. See the comparison below. We use world-class fund managers and have a diversified investment structure. This means we have access to investments that retail investors don’t.
You can view PEPP’s monthly Performance Bulletins for both annual and annualized returns in the About the Fund section on the website.
PEPP Balanced Fund | Median Canadian Balanced Fund |
| Initial Amount: $100,000 | Initial Amount: $100,000 |
| 5-year Annualized Net Return*: 5.3% | 5-year Annualized Net Return: 4.0% |
| Total Amount: $129,462 | Total Amount: $121,665 |
The PEPP Balanced Fund outperformed the median Canadian balanced fund by $7,797.
*As of August 31, 2023
Access to accredited financial planner professionals
Our Retirement Information Consultants (RICs) are here for you.
Together, they have more than 100 years of combined financial services experience in banking, investing, and insurance.
They’ll give you unbiased information to make informed decisions with your retirement savings. And unlike most financial advisors and planners, who receive a commission when you transfer money to them, our RICs are strictly salary-based.
Speaking of transfers, did you know you can transfer your registered savings into your PEPP account?
We know you have options when it comes to your retirement savings. Before you make a move to transfer funds out of your PEPP account, we urge you to speak to a RIC. You can reach them by phone at 306-787-3170 or by email at ric@plannera.ca.