Celebrating Medicus’ first anniversary and sharing our inaugural annual report
We’ve reached an important milestone: today, Medicus celebrates its first anniversary. That means an entire year of offering incorporated physicians something they’ve never had before – access to secure, predictable retirement income paid for life through a pension plan designed specifically for them.
“I am proud to lead Medicus, a unique and innovative plan that no one thought was possible. Together, we are working to influence change for physicians across Canada. Medicus offers many valuable differentiators for our members, including security, scale, and peace of mind. We’re continuing our efforts to bring the plan to all eligible physicians across the country because it’s the right thing to do.”
Simone Reitzes, Managing Director
To mark the highlights from our first year, we have published our inaugural annual report – Reflections on Medicus’ First Year. It outlines the solid foundation we’ve established for future growth and the significant milestones we’ve reached along the way:
- We’re operating in six provinces and all three territories.
- Our balance sheet is strong – we’re over 150% funded. This means that there is more than $1.50 of assets behind every $1.00 of pension.
- Our membership is diverse, ranging in age from 30 to 65+ and practicing in many different areas of medicine.
- We’ve implemented a robust governance structure, with oversight from our Administrative Board, Plan Sponsor Committee, and Leadership Team.
Already a member? Find out what Medicus has been doing to help secure your future and learn how you can optimize your plan membership to its fullest potential.
Thinking of joining? Find out how Medicus can be a part of your financial planning for retirement, along with the many benefits of becoming a member, which include a secure, predictable stream of retirement income.
Medicus is available in Alberta, British Columbia, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island, the Northwest Territories, Nunavut and the Yukon.
Medicus Pension PlanTM is a trademark of The Bank of Nova Scotia (Scotiabank), used under licence. The Scotiabank and MD logo are trademarks of Scotiabank, used under licence. Scotiabank is the sponsor of the Medicus Pension Plan, which is a registered pension plan and is registered under the Pension Benefits Act (Ontario) and the Income Tax Act (Canada). To determine if the Medicus Pension Plan is appropriate for your retirement planning needs and retirement income objectives, please consult with a financial advisor.
Scotiabank provides banking and credit products and services. Visit scotiabank.com.
MD Financial Management Inc. wholly owns or has a majority interest in the MD Group of Companies. It provides financial products and services, is the fund manager for the MD Family of Funds and offers investment counselling services. For a detailed list of the MD Group of Companies, visit md.ca.