Business
BMO and LINK Investment Management Inc. Launch New Workplace Savings Platform
BMO and LINK Investment Management Inc. Launch New Workplace Savings Platform Canada Ne...
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[{"type":"text","content":"\n\n\n\n BMO and LINK Investment Management Inc. Launch New Workplace Savings Platform\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n New digital platform combines LINK's cutting-edge technology with BMO's innovative ETF lineup, enabling employees to invest in BMO ETFs through employer-sponsored group plans\n \n –\n \n a first among major Canadian financial institutions\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n April 15, 2025\n \n\n /CNW/ - Bank of\n \n Montreal\n \n (BMO), together with LINK Investment Management Inc. (LINK), today announced the launch of the new BMO-LINK Workplace Savings Platform\n \n ,\n \n offering employers a one-stop, digital solution to help their employees achieve their savings and retirement goals.\n \n\n When introduced in their workplace, BMO-LINK plan holders will have the ability to contribute to several types of employer-sponsored group plans, including Registered Retirement Savings Plans (RRSPs), Tax-Free Savings Accounts (TFSAs) and Deferred Profit-Sharing Plans (DPSPs). As a first among major Canadian financial institutions, BMO-LINK plan holders will be able to construct portfolios with BMO Exchange-Traded Funds (BMO ETFs) that offer diversification, liquidity, flexibility and low fees.\n \n\n \"The BMO-LINK Workplace Savings Platform makes it easier for businesses of any size to support their employees' savings and retirement goals,\" said\n \n Trevor Philp\n \n , Managing Director, Head of Group Investment Plans, BMO Global Asset Management. \"We are excited to break new ground by offering BMO ETFs to give participants more control over their savings and retirement planning. We look forward to sharing this full-service solution with new and prospective business and commercial clients, as well as with companies where BMO already has an existing relationship.\"\n \n\n The online enrollment process guides plan holders through a series of questions to determine their risk profile, time horizon and investment objectives, which are used to recommend an investment p...