SISIP Financial Services

SISIP Financial Services

Canadian Armed Forces personnel (CAF) face a myriad of complex issues, risks even, that other Canadians do not. An intricate compensation system, conditional entitlement programs and drastic cost of living and income changes from one posting to another, are but a few of the challenges rendering financial planning and financial decision-making very difficult… And that is where SISIP Financial comes in.
An integral part of the Department of National Defence, through the Canadian Forces Morale and Welfare Services, SISIP Financial is intent on securing financial health and security for every CAF member and their family. Members need the expertise of qualified financial advisors who understand the military environment, the complicated pay, pension and benefits (i.e. Severance, Pension Transfer Values, Payment in lieu, Lump Sum payments) and who can provide them with sound financial guidance.
With 18 offices at major Bases/Wings across Canada, SISIP Financial understands the financial needs of CAF members and will deliver personalized advice, tailored product solutions and an exceptional customer experience to meet those needs. A standardized process ensures optimal service delivery of the following programs, products and services:
  • Term life insurance plans – no exclusions for war, dangerous occupations, hobbies, volunteer activities or sports;
  • Long Term Disability (LTD) –  includes the Vocational Rehabilitation Program (VRP)
  • Travel insurance –  emergency medical coverage, trip cancellation, baggage protection and much more, with 24/7 assistance (10% savings to all eligible members of the CAF community)
  • Financial Planning – personalized advice, savings options and investment vehicles to help clients achieve their financial goals (Mutual funds are provided through FundEX Investments Inc.); 
  • Canadian Armed Forces Savings Plans – Introduced in Nov., 2014 this "new" and easy way to "pay yourself first", is a low maintenance saving strategy designed exclusively for CAF members;
  • Canadian Forces Group Retirement Savings Plan – continuing under the “new” Canadian Armed Forces Savings Plans, this was the original “do-it-yourself” savings option;
  • Financial Counselling – free, confidential support in the resolution of financial matters with access to CFPAF loans and grants;
  • Personal Financial Management Education *– courses for recruits and officer-cadets. 
Branch Manager
John Clarey

Financial Counsellor/Insurance Rep
Deborah Hoddinott

Financial Planner
Cliff Kitchen

Administrative Assistant
Laura Olsen

To learn more about what we do, please click here.