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An Advisor's Guide to the PRPP

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The government of Quebec has announced plans to introduce a voluntary retirement savings plans VRSPs, targeted at small and medium-sized enterprises and the self-employed.

The plan is very similar to the Pooled Registered Pension Plan (PRPP) announced by the federal government last year—the biggest difference is the voluntary nature of the Quebec version.

With the proliferation of registered investment vehicles—RRSP, TFSA and soon the PRPP—it may be time to do your due diligence on the newest kid on the block.

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