A
pooled registered pension plan (PRPP) is a type of pension plan that is similar to a defined contribution plan; however, employer contributions are not mandatory. A PRPP pools contributions together to achieve lower costs in relation to investment management and plan administration. PRPPs can be offered to employers and to self-employed persons under federal jurisdiction and administrators of federal PRPPs must hold a licence issued by the Superintendent of Financial Institutions.
The federal
Pooled Registered Pension Plans Act (PRPP Act) and
Pooled Registered Pension Plans Regulations (PRPP Regulations) establish minimum standards that all federal PRPPs and PRPP administrators must meet.
| Name of Pooled Registered Pension Plan | Name of Pooled Registered Pension Plan Administrator | Corporate Contact Information |
|---|
RBC Pooled Registered Pension Plan | The Royal Trust Company | The Royal Trust Company
Attn: RBC Pooled Registered Pension Plan 155 Wellington Street W, 17th Floor
Toronto, ON, M5V 3K7 647-620-3070 |
Régime de pension agréé collectif fédéral de l’Industrielle Alliance | Industrielle Alliance, Assurance et services financiers inc. | Industrielle Alliance, Assurance et services financiers inc.
Attn : Régime de pension agréé collectif fédéral de l’Industrielle Alliance 1080, Grande Allée Ouest, C.P. 1907 succursale Terminus
Québec (Qc) G1K 7M3 418-684-5000 |
The London Life Pooled Registered Pension Plan (PRPP) | London Life Insurance Company | London Life Insurance Company
Attn: The London Life Pooled Registered Pension Plan (PRPP) 1450-2001 University Street Montreal QC H3A 1T9 514-350-7676 |
Manulife Financial Pooled Registered Pension Plan | The Manufacturers Life Insurance Company | Manulife Financial
Attn: PRPP/VRSP Services
P.O. Box 4008, Montreal Stn D
Montreal, QC H3C 6M0 1-855-795-0003 |
Sun Life Financial Pooled Registered Pension Plan
| Sun Life Assurance Company of Canada
| Sun Life Assurance Company of Canada
Attn: Sun Life Financial Pooled Registered Pension Plan
660 – 1155 rue Metcalfe
P.O. Box 11001, Stn Centre-Ville
Montreal, QC
H3C 3P3
1-855-362-3086 |