Enthusiasm and concern over pooled registered pension plans

Date de parution : 05/22/2012
Source : The Insurance and Investment Journal
Personne(s)-ressource(s) : Leslie Byrnes; Yves Millette

By Alain Theriault

This spring, Quebec will table a bill introducing Voluntary Retirement Savings Plans (VRSPs). The federal government encouraged other provinces to do the same in November when it tabled Bill C-25 on Pooled Registered Pension Plans (PRPPs). The insurance and investment industry looks favorably on these initiatives but would like to see some adjustments.

Quebec Minister for Finance Alain Paquet thinks that his government has a good chance of tabling VRSP legislation later this spring. A parliamentary committee will then open the way for consultations.

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