PRPP – Advisor's Edge

What you need to know about Ontario’s budget plans

Jean-Marc Jutras — Fri, 26 Feb 2016 00:00:00 +0000

Advisor.ca teamed up with our colleagues at Benefits Canada to bring you all the latest financial, pension and investing news from Canada’s most populous – and indebted – province.

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Understanding PRPPs and VRSPs

Jean-Marc Jutras — Fri, 31 Oct 2014 06:00:41 +0000

In 2012, the federal government’s Pooled Registered Pension Plans Act was signed into law. The plan’s objective is to create a large-scale, inexpensive pension plan for employees of companies that don’t already offer a pension. But the federal government has limited jurisdiction over the workforce, so it had to collaborate with the provinces. Quebec’s version, […]

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Manulife receives approval of federal PRPP product

Jean-Marc Jutras — Tue, 07 Oct 2014 09:59:49 +0000

CRA and OSFI have approved Manulife's federal PRPP product.

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Ottawa pushes for PRPP implementation

Jean-Marc Jutras — Mon, 25 Mar 2013 10:45:00 +0000

Ottawa is pushing the provinces to move forward on PRPPs.

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B.C. tables PRPP legislation

Jean-Marc Jutras — Fri, 01 Mar 2013 13:55:24 +0000

The Government of British Columbia is introducing legislation for PRPPS.

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Retirement savings back on government’s agenda

Jean-Marc Jutras — Mon, 17 Dec 2012 15:16:32 +0000

Canadian finance ministers have realized Canadians aren’t saving enough for retirement.

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Canadians prefer workplace pensions: Manulife

Jean-Marc Jutras — Thu, 13 Dec 2012 09:36:20 +0000

A survey of Canadians by Manulife Financial found that respondents were twice as likely to support a Pooled Registered Pension Plan (PRPP) (64%) than increase their CPP or QPP contributions (34%) as a way of saving more for retirement.

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Are you ready for PRPPs?

Jean-Marc Jutras — Wed, 05 Sep 2012 06:00:20 +0000

Declining pension coverage, shrinking nest eggs and persistent financial instability have shifted Canadians’ retirement focus from enjoying freedom to financial survival.

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PRPP regulatory proposals published

Jean-Marc Jutras — Fri, 10 Aug 2012 06:00:35 +0000

The Harper Government has pre-published regulatory proposals to address provisions of the Pooled Registered Pension Plans Act (Bill C-25), says Ted Menzies, Minister of State (Finance). “These proposed regulations take us one step closer to a new large-scale and low-cost defined contribution pension option for millions of Canadians currently without access to a workplace pension […]

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Standard Life launches PRPP and retirement hub

Jean-Marc Jutras — Fri, 03 Aug 2012 12:41:53 +0000

Standard Life has launched a new Pooled Registered Pension Plan website, given that retirees and aging clients are starting to seriously consider their wealth accumulation options. Read: An advisors guide to PRPPs The Canadian industry is waiting for a number of details to be determined by governments, including criteria that’ll determine the administrative costs of […]

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