Founded in 1983, Penad is Canada’s pension administration specialist and a leading supplier of pension and benefit software systems to employers, financial institutions, and governments around the world. Penad takes care of the pension needs of plan sponsors across Canada and internationally with first-tier plan administration, consulting and actuarial services. Clients include Fortune 500 companies, institutions, associations, governments, corporations, and multi-employer unions. Penad software is used by banks, insurances companies, governments, and larger individual pension plan sponsors to administer DB and DC pension plans and entire books of business. Penad products cut turnaround times and dramatically improve member communications while enabling plan sponsors and administrators to put member records on the Internet. Penad’s Mission: To provide the best pension and benefit plan administration solutions available.