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This profile was last updated on 6/21/2017 and contains contributions from the  Zoominfo Community.

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Wrong Jeff Aarssen?

Jeff Aarssen

Senior Vice President, Group Retirement Services

Great West Life

HQ Phone:  (204) 946-1190

Direct Phone: (519) ***-****direct phone

Email: j***@***.ca

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Great West Life

100 Osborne Avenue

Winnipeg, Manitoba,R3C 3A5

Canada

Company Description

Great-West Life is a leading provider of capital accumulation plans in Canada, administering over 17,500* group retirement plans and over 1.3 million* member accounts. In the United States, Great-West Financial is the fourth-largest group retirement plan recor...more

Background Information

Employment History

Vice President

GRS Distribution


Vice President GRD

London Life Insurance Company


Affiliations

Huron University College

Executive Board Member


Education

Huron University College


Web References(55 Total References)


Beneco - Industry News

www.beneco.ca [cached]

Jeff Aarssen, vice-president, group retirement services, sales and marketing, wealth management, with Great-West Life (GWL) began the discussion with an anecdote of his personal journey with rheumatoid arthritis.
He talked of how supportive GWL has been: allowing flexible work hours (including the flexibility to work virtually when needed), providing an ergonomic keyboard and office chair, and, of course, paying a drug price of $21,000 a year for his chronic condition. Aarssen said that partnership is definitely key. "The power of many is far more important than the power of one," he said.


Daily News Alerts - Benefits and Pensions Monitor

bpmmagazinec.powweb.com [cached]

"Wayfinder eliminates obstacles that prevent some plan members from reaching their financial goals," says Jeff Aarssen, senior vice-president of group retirement services for Great-West Life.


www.benefitscanada.com

"Sponsors can use plan design to increase member contributions, while still managing plan costs," said Jeff Aarssen, senior vice-president, group retirement services, wealth management at Great-West Life.


insurance-journal.ca

Jeff Aarssen, senior vice-president, wealth management, group retirement services at Great-West Life says there are ways to overcome this.
One technique is to implement an auto-escalation policy in which each member's contribution increases by 1% or 2%. An alternative is to establish default contribution rate. Maximize RRSP contribution "For example, if their first paycheque includes a 10% contribution to the CAP, and the employer matches up to 50% of a member's contribution, they end up saving 15% of every paycheque, almost maximizing their RRSP contribution limit (set by the Canada Revenue Agency at 18% to a maximum dollar amount, which is $24,930 in 2015), unless they actively choose another contribution option," explains Aarssen.


Plan Design Can Boost Employee Contributions to Canadian Group Retirement Plans - 401khelpcenter.com

www.401khelpcenter.com [cached]

"Sponsors can use plan design to increase member contributions, while still managing plan costs," explains Jeff Aarssen, Senior Vice-President, Group Retirement Services, Wealth Management for Great-West Life.


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