Enthusiasm and concern over pooled registered pension plansDate 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.