Scheme raised $20 million from investors, promising access to locked-in funds
Consultation seeks feedback on framework for variable life benefits
If your client leaves an employer that offered a defined-benefit pension plan, the client may have options for handling the assets in that plan. Some rules vary from province to province
Former plan members gain greater access to locked-in retirement accounts
People facing financial hardship gain greater flexibility to withdraw from locked-in pensions
Financial hardship unlocking process simplified
Fraudsters promise that funds can be withdrawn on a tax-free basis
Changes include one-time opportunities to withdraw or transfer amounts
Comments due Feb. 13, 2009
Superintendent of Pensions investigating