TD Future Builder RSP program moves to Canada Life
The Toronto-Dominion Bank is moving its TD Future Builder RSP program customers to Canada Life, shifting 2,800 group plans and 24,000 plan members to the life insurer.
"We believe Canada Life will deliver a strong group retirement and savings experience that supports the needs of TD Future Builder business customers and their employees, while allowing [TD] to focus on its core business of bringing innovative thinking and solutions to investors," said Bruce Cooper, CEO of TD Asset Management and senior vice president of TD Bank Group.
Canada Life welcomes new clients
Michael Henderson, vice president, Plan Members as Customers, Canada Life, said he looks forward to welcoming the new customers.
“As the new group retirement savings plan provider for TD Future Builder clients, Canada Life is committed to delivering a personalized, comprehensive financial wellness program that will build upon the group retirement savings program they value from TD. TD Future Builder clients will benefit from our online platforms, digital innovations, robust financial literacy programs, and one-on-one support.”