To run your business at peak performance, you must be able to attract and keep talented leadership. However, executives and high net worth individuals require more than basic coverages due to their high level of responsibility, multiple holdings, and importance to your operations. You need to be able to craft a benefits package that fits the needs of the individual and incentivises them to stay.
IOA experts have the knowledge you need to customize the right package and set up the best risk management and growth strategies for each person.
Due to the restrictions imposed by the govt on contributions to qualified plans, senior executives and directors are often placed at a severe disadvantage if a corporation doesn’t offer programs that fully leverage the tax advantages that are available. Drawing on our strong relationships with institutional partners that provide us with a broad array of cutting-edge investment and insurance tools, our services include programs designed to:
- Allow executives to defer a bigger percentage of their buy greater retirement benefits
- Provide an executive the choice to elect early retirement
- Allow corporate directors to defer board fees into a tax-efficient deferral program
- Attract executives or directors by replacing retirement benefits lost once they leave the pension plans of a former employer
- Create “golden handcuffs” for key force
- Reward key employees for performance goals or length of service