Pension provider Blue Pier is offering self-employed doctors the opportunity to get a “real” pension plan.
The company said doctors in British Columbia, Alberta and Ontario, with specialties ranging from family and emergency medicine to anesthesiology and radiology, have already signed up.
Blue Pier director Dr. Stephen Milone said most of Canada's 90,000 doctors don't have a pension plan, but the company is now offering one to physicians that includes customized features for physicians. “Blue Pier's flexibility, tax efficiency and low cost accommodate the changing needs and circumstances of doctors and their families in ways that RRSPs or IPPs don't,” he said.
Goal is to bring pension coverage to all Canadians
Blue Pier Founder and CEO James Pierlot said the first national pension solution for Canada's doctors is part of the company’s broader goal of bringing pension coverage to all Canadian workers.
“At Blue Pier, we embrace inclusiveness, diversity, innovation and accountability, values that will drive modernization and democratization of pensions for Canada's 21st century workforce. We're delighted that Canada's doctors are behind us and honoured to serve them with a pension solution that can enhance retirement income security for medical professionals and their staff.”
