Sun Life Financial is ready to roll out Voluntary Retirement Savings Plans (VRSPs) in Quebec, the firm said Wednesday.

“The authorization to act as a VRSP administrator from the Autorité des marchés financiers (AMF) added to the registration of our plan with the Régie des rentes du Québec (RRQ) received today, makes our VRSP ready to go to market,” said Robert Dumas, senior vice-president, group business, Sun Life Financial, Quebec, in a release.

Quebec passed legislation last year creating VRSPs, which are province’s version of pooled registered pension plans (PRPPs).