VRSPs
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?
Slaw: PRPPs vs. VRSPs
On March 21, 2012, Quebec became the first province to set up a detailed framework of provincial rules that will apply for PRPPs.
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