CanadaDo your people understand it?
The guideline recommends ongoing education after people join. Taking the match isn't the same as knowing why the plan is there and what the match is worth to them.
Group retirement for Canadian employers
Get more from the group retirement plan you already have.
We work with Canadian companies that already offer a group RRSP or DPSP. We help you look after the plan you have: what it costs your people, how well they understand it, and a written record of it all. No extra cost to your company, and nothing has to move.
Family-owned. Canadian. Since 1994.
RiskX has worked with Canadian employers since 1994. Gordon and Jarod lead a brokerage that coordinates plans, explains the details, and discloses compensation in writing.
Meet the people behind RiskXSince 1994Family-owned Canadian brokerage
CanadaGroup Retirement across Canada, outside QuebecComing to Quebec in 2027
WrittenFees and compensation disclosure
Your plan was a good decision. Is it still working the way you meant it to?
In September 2024, CAPSA, the association of Canada's pension regulators, rewrote its guideline for plans like group RRSPs and DPSPs for the first time in twenty years. It's guidance, not law. It recommends that the employer keep looking after the plan after it's set up, even when a provider does the work. Three questions are worth a clear answer.
Are they getting what they pay for?
Fees come out of employee accounts every year, so they don't show up anywhere you'd normally look. The guideline recommends reviewing fees from time to time, with value in mind.
Is anything written down?
Who does what, when fees were last reviewed and what you decided. The guideline recommends keeping records, and a short written one shows the plan is being looked after.
If any of these is hard to answer, that's what we help with.
Source: CAPSA Guideline No. 3, September 9, 2024, sections 1.3, 2.3, 3 and 6.2. What the guideline says for group RRSPs
What working with RiskX looks like
A review is where it starts. After that, we take the legwork off your plate, and the decisions stay yours.
A free review, in dollars
What the plan costs your employees each year, what support they get, and what's worth changing, if anything.
Your plan's governance, written down
Who does what (your provider, your company and RiskX), tracked fee reviews, and what you decided and when you'll look again.
A printed booklet for every employee
In your company's name, at no charge to your company. It explains the plan, the match in dollars each pay, what it costs and where to get help from your provider. We print it because a booklet at home is easier to find than an old email. HR can add or remove anything, and we send copies for new hires.
Help for HR
A few check-ins a year, education sessions and onboarding, and answers to the questions employees bring to HR.
A yearly review
Each year we meet with you to go over costs, support and your goals, and we write down what you decided.
A service agreement, and our pay in writing
The agreement says what we do and when. Each year we tell your company in writing, in dollars, what RiskX was paid.
How we start
Send us your fee page.
The page or statement that shows your plan's fees is enough. That's usually your provider's fee disclosure or a recent member statement. No employee records, no payroll files.
Email it to gordon@riskx.ca.
Can't find it? Whoever handles payroll deductions can usually get it, or call us and we'll help.
We go through it with you.
We put what your employees pay in dollars, look at the support they get, and tell you plainly what's worth changing. If your plan is priced well, we'll tell you.
You decide what happens next.
Keep your provider and make RiskX your plan's broker with a short letter on your provider's form. Nothing moves. Then we print your booklets, write up your governance record and look after the plan with you. If a move ever makes sense, it's a long-term decision, and it's yours.
The review costs your company nothing. RiskX is paid by the plan's provider, out of the plan's fees, and we tell you what we'd be paid before you agree to anything.
What a fee difference is worth
About $104,000 less by 65
For one employee saving $500 a month from age 30, in a plan charging about 2% a year instead of about 1%.
An illustration, not a forecast or a quote. It assumes 6% a year before fees from age 30 to 65, giving about $554,000 at 1% against about $450,000 at 2%.
It's not only about the lowest fee. It's what your people get for what they pay. Your plan may already be priced well, and a review tells you whether it is.
The family behind RiskX. Meet Gordon and Jarod.
Who you'll work with
RiskX is a family-owned Canadian brokerage, founded in 1994 and focused on group retirement plans for employers. Gordon and Jarod Smith lead it, and you'll talk with one of them about your review. Day to day, the RiskX team looks after you.
Group retirement is our focus
Group RRSPs and DPSPs for employers across Canada, outside Quebec. We work best with companies that see their plan as part of looking after their people, and we set up first plans when that's what's needed.
We work with your current provider
We're not tied to any one provider. Changing your plan's broker doesn't have to mean changing your provider.
What we don't do
We don't give investment advice or pick funds. Your provider's advisors help your people with that, where your plan offers it. We help your company and your people use the plan you have.
Questions employers ask first
What if our plan is fine?
Then we'll tell you. A review can confirm the plan you have is working.
Do we have to switch providers?
No. We work with the provider you already have. Some employers reprice, and some only change the plan's broker.
Is CAPSA's guideline the law?
No. It's guidance from Canada's pension regulators, not law. It describes good practice for looking after a plan like yours. We take the legwork off your plate, and the decisions stay yours.
Let's start with the plan you have.
One conversation, free to your company. You decide what happens next.
Don't have a plan yet? We set those up too. See how a new plan works
From the blog: more on the plan you already have
Short articles on fees, employee participation and reviewing an existing group RRSP.
Employee participation
Browse all articles Your employees take the match. Do they understand the plan?
Help employees understand the group retirement plan they already use: explain the match in dollars, check statements and make reliable help easy to find.
October 14, 2026Review an existing planYour group retirement plan has a fee. Do you know what it is?
Gather the documents needed to compare group retirement fees and support on the same basis, understand who pays each cost, and decide what to review next.
Updated October 10, 2026Review an existing planHow do you decide whether to keep, reprice or move your group RRSP?
Compare the fee gap in dollars on the same basis, the service and transition terms, and the current provider's written response. Keep the decision summary with its supporting evidence.
September 30, 2026