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group registered retirement savings plans

What does the Ontario Retirement Pension Plan announcement mean for your organization?

On August 11, 2015, the Ontario government made additional announcements regarding the Ontario Retirement Pension Plan (ORPP), which is expected to be introduced in 2017.

 

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Is anyone interested in PRPPs?

A number of financial institutions and other providers are now offering pooled registered pension plans (PRPPs) and voluntary registered savings plans (VRSPs), the PRPP’s Quebec equivalent. Except for VRSPs, which are mandatory for employers who don’t offer pension plans or other retirement savings plans such as group registered retirement savings plans (RRSPs), how popular are PRPPs likely to be?

 

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