Program offerings
Achieve your retirement and savings goals faster
Group savings products like those offered through the Engineers Canada - sponsored Financial Security Program give you a real advantage. You’ll usually pay lower fees compared to individual investment options. This can add up to more savings and help you reach your goals sooner.

Preserve and grow your wealth
Let us help you find ways to save, achieve your goals and make sure the money you’ve worked hard for is now working for you.
Grow your savings
Group savings plans are a good way to maximize growth so you can retire with more.
Discover your investment options
Investing can be simple. We’ll explain how it works so you can make informed decisions.
Achieve your goals
Over time, your investments and savings can help secure the future you want for you and your family.
The power of compounding
With a regular savings plan in place, and an early start, you could be much further ahead when it’s time to consider retirement. That’s because the longer your money is invested, the more time it has to grow. When it comes to compounding returns, time is an advantage.
The program offers a variety of plans
To help maximize your savings and retirement income, you can choose from the plans below. Want more information? Visit SmartPath, where you’ll find interactive online financial education that can help you learn how to save for the future you want.
Plan | Description | |
---|---|---|
Registered retirement savings plan (RRSP) |
A tax-deferred savings plan that allows you to make tax-deductible contributions. | Visit SmartPathOpens a new website in a new window - Opens in a new window |
Non-registered savings plan (NRSP) |
Contributions are not tax-deductible and investment returns are not tax-sheltered. Savings can be accessed at any time. | Visit SmartPathOpens a new website in a new window - Opens in a new window |
Tax-free savings account (TFSA) |
Contributions to a TFSA are not deductible for income tax purposes. Any amount contributed, as well as any income earned in the account, is generally tax-free, even when it’s withdrawn. | Visit SmartPathOpens a new website in a new window - Opens in a new window |
Registered retirement income fund (RRIF) |
A RRIF turns the accumulated value of an RRSP into retirement income. | Visit SmartPathOpens a new website in a new window - Opens in a new window |
Life income fund (LIF) |
A LIF is a tax-sheltered account used to pay out the accumulated value of a locked-in RRSP, locked-in retirement account (LIRA) or locked-in amounts under a registered pension plan (RPP). | Visit SmartPathOpens a new website in a new window - Opens in a new window |
Annuity |
An annuity is a simple way to turn a portion of your savings into regular income – for a fixed period or the rest of your life. It’s up to you. | Visit SmartPathOpens a new website in a new window - Opens in a new window |
Thinking about retirement?
Retirement planning
Find everything you need to learn about achieving your retirement goals.
Learn more about retirementGet answers to questions
Our investment and retirement specialist can answer your general retirement questions.
Contact a specialistGet retirement ready
Explore this interactive financial education and planning website.
Visit website - Opens in a new windowInvestment fund options
For hands-off investing
Think of Fidelity ClearPath® Retirement Portfolios as an investment option with your retirement year in mind. Just pick the target date fund that’s closest to the year you’d like to retire.
For hands-on investing
Our extensive investment menu gives you choices so you can create a diversified portfolio tailored to your goals and needs. You can select investment options based on your investment personality.
Transfer to maximize your savings
If you have money invested with other financial institutions, it can get complicated. When you transfer your savings to the financial security program, you maximize your group advantage. Plus, tracking your finances and budgeting will be much simpler.
Tools and resources
We have tools and resources to help you stay on track with your goals. For more information check out our resources page.
Access resources