Selectpath - The RIGHT Path For Employers

Selectpath - The RIGHT Path For Employers - Quarterly Newsletter

Mar/Apr 2006
>>	IN THIS ISSUE:
(+)	A MESSAGE From Selectpath
(+)	Ontario to Eliminate Mandatory Retirement
(+)	Employee Benefits: Lessons from the Law
(+)	ABOUT Us
(+)	Newsletter Archives

>>	RECENT ARTICLES:
(+)	Continuation of Benefits for Disabled Employees
(+)	Why do I need an EAP?
(+)	Collective Purchasing Plans – The new battleground
(+)	When Does a Dependant Become Independent?
(+)	Read our archived articles.

John D. Harkins
Partner

Gordon R. Hart
Partner

J. Wayne Koch
Partner

Kevin L. Routley
Partner

Leanne Bayley
Consultant

FACTOID:

In Canada, total health spending accounted for 9.9% of the GDP in 2003, more than one percentage point higher than the average of 8.6% in OECD (Organization for Economic Co-operation and Development) countries. Heath spending as a share of GDP is lower in Canada than in the U.S. (15% of GDP in 2003).

Source: OECD Heath Data 2005

A MESSAGE From Selectpath

Last month we conducted a Employee Benefits Seminar: "Health Care Benefits in Canada- We Take A Closer Look".

Click here to download the presentation.

You've likely received our Annual Client Satisfaction Survey in March. Again, we'd like to thank you for taking the time to complete the survey. Here are just a few snippets:

67% of clients said that overall, they were very satisfied and that we were exceeding expectations. Another 32% said they were satisfied and that we were meeting expectations.

98% of clients said they'd be happy to refer us to others. Thanks, we appreciate referrals. They're a great way for us to grow and they allow us to spend more time with clients instead of looking for new clients.

Click here for more results.

iPOD Winners:

Congratulations to the following iPOD winners:

Vera Baron - Surge Communications Inc.
Justin Schulman - The Orthotic Group
Paul Glew - Ray Cullen Chevrolet Ltd.
Pamela Curry - London Children's Connection
Thomas Matthews - Newham Chevrolet Inc.

We'll be in touch with you soon if you haven't already heard from us.

FEATURED ARTICLES:

Ontario to Eliminate Mandatory Retirement
By Cathy Baker, Selectpath

Over the past 18 months, we have followed the Ontario government’s plans to eliminate mandatory retirement. To recap, Bill 211 will amend the definition of “age” in subsection 10(1) of the Ontario Human Rights Code in order to protect persons aged 65 and older against age discrimination in employment. Mandatory retirement will only be permitted if there is a “bona fide” occupational requirement as determined under the Human Rights Code.

The key milestones thus far have been:

Click here to read the latest on Mandatory Retirement in Ontario.

Employee Benefits: Lessons from the Law

Taken from Employment Benefits News Canada – January/February 2006 Source: Hicks Morley

Click here to review Employer Checklist.

ABOUT US:

Selectpath is an independent firm of professional financial advisors and employee benefits specialists based in London, Ontario. Through our strategic alliances with industry leaders in insurance and investments, we are able to offer our clients a broad range of products and services, which meet the highest standards for performance, stability and value. We are also able to serve a broad base of individual and corporate clients throughout the province.

Click here to learn more about how Selectpath can put you on The RIGHT Path®.

Please remember that while strategies outlined within this newsletter may be appropriate for some investors, you should always consult a financial advisor to determine if they are appropriate for you.

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