Give PRPPs a chance

June 13, 2013 Tom Murray

employer responsibility Pensions Canada voluntary Life and Pensions

Canada’s great leap forward in terms of pension provision is taking shape. Pooled Registered Pension Plans (PRPPs) have now been adopted in a large number of Provinces and the rest are likely to follow quickly. However, the effectiveness of this innovation in saving is undermined by the purely support role that PRPPs are being allotted in the overall pension production, at least in the eyes of the majority of pension commentators.
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