Presentation to: For a Group Retirement Plan

1. Presentation to:For a Group Retirement Plan

2. Why Employers Set-Up Group Plans • Increased worker productivity • Fewer accidents • Reduced absenteeism to take care of personal financial matters • Improved use of, and satisfaction with employer-provided fringe benefits • Reduced turnover by attracting and retaining qualified workers • Increased morale, work satisfaction, and loyalty to the employer Source: Benefits & Pensions Monitor

3. Can a Group Plan Play a Role in Attracting and Retaining Employees? Six in 10 respondents say it is unlikely they would take a job with an employer who does not have an employee retirement savings plan **Source: Benefits Canada Magazine

4. As for Retaining Employees… • Half would leave their company if another company offered them the same salary and a better employee retirement savings plan-- especially younger employees • By offering attractive employee benefit plans, employers can reduce turnover of key employees *Source: Benefits Canada Magazine

5. Employees’ Attitudes towards Retirement Plans • Lack of confidence in Canada’s public retirement savings system • Investment choice is highly valued among Group Retirement Plan members • Financial advisors are the first point of information for Group Retirement Plan members. Source: Benefits Canada Magazine

6. Types of Corporate Capital Accumulation Plans • Defined Benefit Pension Plans • Defined Contribution Pension Plans • Deferred Profit Sharing Plans • Group Registered Retirement Savings Plans • Supplementary Plans • Group Registered Education Savings Plans • Group Tax Free Savings Account • Group Non-Registered Payroll Savings Plans

7. Group Plans Efficient Frontier From An Employer’s Perspective DBPP DCP Expected control for employer DPSP GRRSP $$$ Expected complexity, administration cost and fiduciary responsibility for employer

8. Principal Features Of Group RRSPs Group RRSPs are a collection of individual RRSPs where: (i) an employer assists a group of employees by handling their contributions through regular payroll deductions on a pre-tax basis and/or (ii) an employer makes regular or lump sum contributions on behalf of all or just some employees on a pre-tax basis

9. What Is A DPSP? • A DPSP is an arrangement where an employer may share with either all or a designated group of employees the profits from the employer’s business • The amounts payable by the employer are normally calculated by reference to profits, but can be calculated on another basis as long as they are paid out of profits • The payments made by the employer must be made to a trustee in trust for the benefit of the employees

10. What Are The Basic Guidelines For A DPSP? • 18% of the employee’s earned income or 1/2 the Defined Contribution Pension limit ($11,225 in 2010) • Employee receives a pension adjustment for employer contributions • No mandatory minimum contribution

11. ADVISOR provides: • Education and insight • Member Communication • An accessible resource • Recommendations based on the total picture • Positioning, structure and ongoing counsel

12. Mackenzie’s Strengths • Investment managers since 1967 • Over 100 mutual funds - Canada & U.S. • 8 fund families • Over $62 billion in assets • 1 million investors in Canada and the U.S.

13. Mackenzie Investment Management Deploys Multiple Styles • One of the broadest selections of fixed-income funds in Canada. • The Cundill Funds are managed with a deep-value approach. Cundill managers don't look to buy great companies at decent prices, they look to buy decent companies at great prices. • The Ivy Funds are constructed with a bottom-up, value and growth style. The Ivy managers look to buy businesses not stocks - meaning, they look at the company dynamic rather than the overall market. • The Mackenzie Maxxum Fund Family is an investment in quality. Value oriented core Canadian and global holdings with a focus on dividends. • The Universal Funds provide a wide variety of equity and fixed income. This family includes several distinguished portfolio management teams employed by Mackenzie to manage portfolios in their specialized regions and areas of expertise. • Mackenzie Founders funds combines the most recognized Mackenzie funds into a single, easy-to-manage investment product • Funds combine the best ideas of multiple investment specialists to create a one-decision fund. Portfolio oversight and risk management performed by Mackenzie, reviewing allocations by sector, style, manager, region and individual security.

14. Mackenzie Investment Management Deploys Multiple Styles NEW! The Saxon Funds are broadly diversified portfolios focused on companies whose stock prices are trading below their fair market value

15. Selection and Diversity Value Growth

16. Mackenzie Group Plans • Offering Group RRSPs since 1988 • Administer over 6000 Group Retirement Plans • Group assets under management: over $1.2 Billion • Average plan has 15 to 25 participants • Largest DC Pension Plan: Diversified forest products company with 1500 employees and $33 million in assets

17. Employer Administrative Support Services from Mackenzie: • Toll-Free access to Mackenzie’s Group Plan administration desk for payroll administrators. • This line is accessible Monday to Friday 8:30-5pm EST.

18. Employee Administrative Support Services from Mackenzie: • Toll-free customer service lines and 24-hour Access Line for individual employee inquiries. • User-friendly InvestorAccess for on-line account inquires regarding market value, transaction histories and other administrative functions. • Semi-annual client statements

19. Investor friendly website: Features: • Fund info • News & market updates • Investment calculators • Online account-access

20. In the End - Employers Want a Plan That: • Generates a high level of employee satisfaction • Is cost effective • Does not require significant administration • Reduces their fiduciary responsibility for investment results

21. In the End – EmployeesWant a Plan That: • Has employer contributions • Is portable • Offers the availability of enrolment advice

22. ADVISOR FIRM – Mackenzie Group Plan: • Generates a high level of employee satisfaction • Is cost effective • Does not require significant administration • Minimizes plan sponsor fiduciary responsibility for investment results

23. & MAJOR BENEFITS FOR YOUR GROUP PLAN. “The ability to better meet the needs of employees - and their employers - together than we could separately.”