News About Advantages Retirement Plan™
Vanguard, the investment manager selected to provide target-date funds for the Advantages Retirement Plan™, has decided to wind down its Canadian target-date funds in the spring of 2021. This decision came as a surprise to us, and is unrelated to the performance of the funds within the Advantages Retirement Plan™, which have been strong.
We would like to reassure you that your money now invested in a Vanguard target-date fund will remain in the fund for the time being. You do not need to take any action today, and you can continue to make contributions to, and withdrawals from, the Vanguard target-date funds now offered under the Advantages Retirement Plan™ until changes are implemented.
To help answer questions you may have, please visit the Advantages Retirement Plan™ website or contact the OMA Insurance team at info@omainsurance.com or call 1.800.758.1641 (select option 1).
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