Ontario's budget unveiled details about an Ontario Retirement Pension Plan and legislation for pooled registered pension plans (PRPPs) and received mixed reaction.
Passive products like ETFs and index funds could help plan sponsors get around potential regulatory gaps when it comes to pooled registered pension plans (PRPPs). .
Industrial Alliance was granted a licence by the Office of the Superintendent of Financial Institutions to administer the federal pooled registered pension plan.
The Office of the Superintendent of Financial Institutions, has issued a licence to Great-West Life through its subsidiary, London Life, to administer pooled registered pension plans.
The Ontario Ministry of Finance has released a discussion paper on pooled registered pension plans (PRPPs).
Standard Life been issued a licence to administer a federal pooled registered pension plan.
Manulife Financial is the first Canadian company to be issued a license to administer federal pooled registered pension plans.
The 2013 Ontario budget proposes introducing pooled registered pension plans in the province.
Residents of Alberta will soon have the ability to invest in pooled registered pension plans.
Ottawa is urging the provinces to move forward on pooled registered pension plans (PRPPs), noting in this year’s federal budget that the federal PRPP regulatory framework has been fully implemented.