Company pension: Canada Life cooperates with Deutsche Gesellschaft für Entgeltoptimierung (DGEO) by Josef Bader
Wemding – Canada Life was founded in 1847 in Hamilton, Ontario, Canada, making it the first life insurer in the Giant Country. Canada Life Assurance Europe plc has been operating in Germany since 2000. In new business, the company is one of the leading brokers for unit-linked products. The top insurer points out its great international experience and the know-how of the entire group of companies in order to be able to offer reliable insurance services in Germany. This makes „a strong partner in old-age provision and in risk protection“, says Canada Life. A focal point of the consulting activities of the German subsidiary in Cologne is the occupational pension scheme – in German „betriebliche Altersversorgung“ (bAV). Employers pay the pension contributions directly from the employee's gross salary. The taxes and social contributions thus saved flow directly into the pension plan of the employees. They thus acquire the right to an additional pension with little personal effort, which is invaluable in times of impending old-age poverty. With the help of company pensions, companies can distinguish themselves as attractive employers and gain important advantages in the search for employees and employee loyalty. In order to meet the different demands of employees, individual solutions are required.