Industrial Alliance launches an online retirement planner for the members of its group savings plans

QUEBEC CITY, June 23, 2004 – Industrial Alliance Insurance and Financial Services Inc. is proud to announce that a new retirement planner for the members of its group savings plans is now available on Cyberclient, its secure website, which is accessible through the Company’s website at

This online tool is a confidential way for members to determine how much they should save to ensure a comfortable retirement. It takes into account all important aspects of financial planning that members should consider.

“Industrial Alliance has always listened to its clients and this improved service allows us to serve their needs even better,” stated Lucie Lachance, Director, Actuarial and Marketing Services, Group Pensions. “Retirement planning is complex and important. This new tool guides our members so that they make the right decisions and obtain the desired results.”

The retirement planner is at the leading edge of the latest innovations in the field of retirement savings. Easy to use, it allows individuals to determine their accumulated assets, projected income at retirement and the required contributions to reach their objective. The calculations provided by
the retirement planner also take into account all legal, tax and financial requirements of current laws.

Finally, this customized service is one of the many tools Industrial Alliance offers the members of its group savings plans to guide them in their retirement choices.

About Industrial Alliance

Founded over 100 years ago, Industrial Alliance is a life and health insurance company that operates in the fields of insurance and financial services. The fifth largest life and health insurance company in Canada, Industrial Alliance heads a large financial group – the Industrial Alliance Group – with operations in all regions of the country. Either directly or through its subsidiaries, the Company insures over 1.7 million Canadians, employs more than 2,400 people and administers and manages $20.5 billion in assets. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG. The Company is among the 100 largest public companies in Canada.