Industrial Alliance Launches Your Retirement Tracker: A personalized Tool for Members of Group Retirement Plans

QUEBEC CITY, Dec. 12 2007 – Industrial Alliance Insurance and Financial Services Inc. is pleased to announce the launch of a new financial planning tool for members of its group retirement savings plans. The Your Retirement Tracker tool breaks new ground because it gives members a simple and clear analysis of their financial situation for the amounts accumulated with Industrial Alliance in their group retirement plan, and for the savings accumulated outside of the plan, including public pension plans.

“Even if you regularly contribute to a retirement plan with your employer, it’s hard to know if your savings will meet your retirement needs,” said Lucie Lachance, Director, Actuarial and Marketing Services, Group Pensions. “A multitude of factors must be used to estimate retirement income, such as inflation, investment earnings, the contribution of public pension plans, etc. Industrial Alliance simplifies the process by supplying its members with a projection of their retirement income and personalized suggestions to reach their retirement objectives.”

Industrial Alliance also has a specialized team that offers members active and continual support to attain their retirement goals and improve their financial situation. “We want to go beyond simply giving set projections to our members,” added Ms. Lachance.

Your Retirement Tracker proves equally useful for plan administrators because it helps them meet their fiduciary responsibilities. “In accordance with the Guidelines for accumulation plans, administrators have responsibilities, especially to provide information to members,” said Daniel Bannon, Senior Director, Compliance and Client Service. “Your Retirement Tracker helps administrators to properly manage their plans. With Your Retirement Tracker, plan administrators know where members are in respect to their retirement planning objectives. They can thus take steps to better inform members and help them to attain their objectives.”

With this new personalized service, Industrial Alliance innovates yet again to help its clients prepare for a retirement that meets their expectations.

About Industrial Alliance’s Group Pensions Sector

The Group Pensions sector offers a wide range of products and services adapted to the needs of retirement plan members. It offers savings products, such as defined contribution plans, defined benefit plans, institutional money management services and disbursement products. It also provides members with a wide range of investment options, like segregated funds and guaranteed interest investments. Thanks to its regional offices across Canada, the Group Pensions sector has been in full expansion, mainly outside of Quebec. Over the last five years, the sector recorded average annual growth of 28% in its premiums for regular operations stemming from accumulation products.

About Industrial Alliance

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services. The fifth largest life and health insurance company in Canada, Industrial Alliance is at the head of a large financial group, which has operations across Canada as well as in the western United States. Industrial Alliance contributes to the financial well-being of over 3 million Canadians, employs more than 2,900 people and manages and administers over $50 billion in assets. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG. Industrial Alliance is among the 100 largest public companies in Canada.