In the past few years, Jilda Inc. has experienced tremendous growth and profitability however, the management of the company is worried that its top-performing and highest-earning employees will be lured away by competitors. Existing employees are most concerned with having access to a wide variety of investment products, tax deferral and saving as much as possible until retirement or such time as they leave the company. What is the BEST strategy for Jilda Inc. to use to keep its top employees happy?

a) create a group RRSP 

b) create a retirement compensation arrangement 

c) create an individual pension plan 

d) pay large bonuses out of retained earnings, which employees can invest as they like

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The BEST strategy f... View the full answer