Ready, set, aim with On Target Retirement! - Sixty-four percent of Canadian employers say their employees prefer not to think about retirement savings until they're much closer to retirement



    TORONTO, Sept. 11 /CNW Telbec/ - Desjardins Financial Security is pleased
to launch On Target Retirement
(http://www.dsf-dfs.com/en-CA/_Utilitaires/Prmtns/ObjctfRtrt.htm), a
personalized financial planning tool for members of its group retirement
savings plans.
    On Target Retirement is a simulator that combines online solutions with
more traditional communication tools so that plan members can take stock of
their finances and set their retirement goals using customized information
based on their own personal situation. Members will now be able to determine
whether or not they can achieve the target they have set for themselves and
identify any changes that may need to be made to their investment strategy. On
Target Retirement is part of the Setting Sail for the Future education program
available on the secure site for members of Desjardins Financial Security
group retirement savings plans.
    According to the 2009 Health is Cool! survey, 71% of employers feel that
their employees don't know enough about their group savings or retirement plan
as they should. "On Target Retirement lets plan sponsors emphasize how
important it is for members to have a sound retirement savings strategy. It
also helps plan sponsors meet stringent governance requirements thanks to
built-in reports, developed using best practices, that proactively monitor
what plan members are doing in terms of their retirement goals," stated Eric
Filion, Senior Director, Product Development and Marketing, Group Retirement
Savings.
    Effective immediately, On Target Retirement is available under all
Desjardins Financial Security group retirement savings plans.

    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 well-being. Desjardins
Financial Security employs some 3,800 people and administers over $20.4
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, visit our website at
www.desjardinsfinancialsecurity.com.




For further information:

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

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