Industrial Alliance innovates with visually presented retirement statements

Quebec City, QC (Jan. 28, 2013) – Industrial Alliance is proud to announce that members of its group retirement plans now have access to a new and innovative retirement savings statement. More than simply informational, this new statement will serve as a retirement planning tool that is simple, easy to understand, educational and personalized for each member.

Industrial Alliance has first innovated with the new look of the statement. “Research shows that members get more out of information presented visually than from technical written texts. The presentation of our new statement clearly makes it easier to understand, as members can see at a glance where they are with their savings and how close they are to achieving their retirement objectives,” said Renée Laflamme, Vice-President, Group Savings and Retirement.

Industrial Alliance has also innovated in terms of financial education and planning. Personalized messages, solutions and tips have been added to the new statement to enable members to learn more about issues related to retirement and to use the statement as a financial planning tool.

“We insisted on making our new statement accessible and user-friendly, which encourages members’ commitment toward their retirement plan. For that reason, we’ve strived to innovate throughout the process of creating our new retirement savings statement,” added Ms. Laflamme.

This initiative shows once again that clients are at the heart of Industrial Alliance’s concerns, and innovation, accessibility and service at the core of its strategy.

About Group Savings and Retirement

Group Savings and Retirement offers a wide range of products and services adapted to the needs of savings and retirement plan members. It offers savings products, such as defined contribution plans, as well as institutional money management services and disbursement products. It provides its plan members with a large choice of investment options, such as segregated funds and guaranteed interest investments. With regional offices across Canada, the Group Savings and Retirement sector is one of the largest group savings and retirement service providers in the country.

About Industrial Alliance

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company with operations in all regions of Canada as well as in the United States. The Company 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 for both individuals and groups. The fourth largest life and health insurance company in Canada, Industrial Alliance contributes to the financial wellbeing of over three million Canadians, employs more than 4,200 people and manages and administers more than $80 billion in assets. Industrial Alliance stock is listed on the Toronto Stock Exchange under the ticker symbol IAG.

SOURCE: Industrial Alliance Insurance and Financial Services Inc.