A MESSAGE From Selectpath

Selectpath provides more than Employee Benefits Planning...

You may not have known that Selectpath provides services in addition to Employee Benefits Planning. In fact, we have three divisions of our company that collectively service your every need.

One of our Financial Advisors, Rob Kimball, works with Business Owners, Executives and Employers to help with Executive Compensation Strategies.

Rob is available to meet to discuss your corporate and professional needs. You can reach him at (519) 675-1177 or by email at rob@selectpath.ca.

Thanks for letting us serve you better.

FEATURED ARTICLES:

A Review of Executive Compensation
- It’s not just about Salary and Bonus anymore - by Rob Kimball, RHU, Financial Advisor

Many companies are meeting the needs of their key people by focusing on different forms of compensation versus the traditional approach of a salary and bonus arrangement. Executive/Owner compensation is comprised of the following forms of remuneration:

1) Salary
2) Bonus – short term incentives
3) Benefits
4) Pension Plans
5) Long Term Incentives

- supplemental pension
- stock options or purchase plans
- profit sharing plans

Given the high tax rates applied to salary and bonuses, it makes sense to consider other forms of compensation that in many cases provide a tax-deductible expense to the company and a non-taxable benefit to key employees. In this article we will highlight four of the most popular ways to reward people with Supplemental Benefits and Enhanced Retirement Savings.

Click here to read the full article.

Health Care News - Quebec Supreme Court Decision - Chaoulli and Zeliotis vs. Quebec
Gordon R. Hart, GBA REBC RHU
President & CEO

On June 9th 2005, the Supreme Court of Canada released its ruling on Chaoulli and Zeliotis vs Quebec. The ruling makes it unconstitutional in Quebec to prevent individuals from purchasing private health insurance for medical services covered under the Quebec provincial health plan.

The decision provides that waiting lists violate rights granted under the Quebec Charter of Human Rights and Freedoms. Although this creates an opportunity for private health insurance, there is a message regarding change necessary to the public policy. Before jumping to conclusions over the possible outcomes of the Supreme Court's decision on health care, individuals should take time to read the full decision.

Click here to read the full article.

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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