Desjardins Financial Security to help Canadians save with the TFSA



    TORONTO, Sept. 24 /CNW Telbec/ - Starting on January 1, 2009, Desjardins
Financial Security will offer group retirement savings plan sponsors the
possibility of setting up a Tax Free Savings Account (TFSA) as part of their
group retirement savings plans.
    The TFSA is being touted as the biggest change to the Canadian savings
landscape since the RRSP. TFSAs will provide savers with more latitude in
terms of how their savings are managed, while, in the long term, also offering
them better retirement conditions. What's more, when offered as part of a
group retirement savings plan, they're a valuable tool for plan sponsors who
want to recruit and retain talent.
    "Employee benefits are an indispensable tool in the overall management of
human resources for our clients," explains Eric Filion, Senior Director of
Product Development and Marketing, Group Retirement Savings at Desjardins
Financial Security. "We are extremely pleased to be able to enhance their
employee offering with this new approach to retirement savings, starting on
January 1, 2009."

    About Desjardins Financial Security

    Desjardins Financial Security, a subsidiary of Desjardins Group, the
largest integrated cooperative financial group in Canada, specializes in
providing life insurance, health insurance and retirement savings products to
individuals and groups. Every day, over five million Canadians rely on
Desjardins Financial Security to ensure their financial security. Desjardins
Financial Security employs nearly 3,900 people and administers over
$22 billion in assets from offices in several cities across the country,
including Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montréal, Québec,
Lévis, Halifax and St. John's. For more information please visit
http://www.desjardinsfinancialsecurity.com.




For further information:

For further information: Sarah Twomey, Communications Advisor, (416)
926-2700, extension 2015, Toll free: 1 877-906-5551, extension 2015,
sarah.twomey@dfs.ca; Virtual newsroom:
http://www.desjardinsfinancialsecurity.com/press


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