VRSP: two new tools to assist you

Tuesday, September 2, 2014

So you're back from vacation, with your batteries recharged, and ready to go in search of new clients? Well that works out very nicely, because the VRSP, the newest arrival to the Quebec group pension plan market, is your big opening to a very promising market segment. The upcoming deadline for many Quebec businesses to set up a VRSP is a great opportunity for you to reach out to potential clients.

Here are two tools that could help you with this:

1. Dynamic plan comparison table

What sets the VRSP apart from other group retirement plans? Our new dynamic plan comparison table, which you can find on IA Pension, lets you compare the various group pension plan types based on some 20 criteria (legislation, tax treatment, contributions, investment options, etc.) After you select the plans you want to compare and the criteria you want to use for the comparison, a customized table is produced based on your request.

Check out our dynamic plan comparison table now!

IMPORTANT: Only advisors authorized by the AMF to distribute group annuity plans can advise their clients about group retirement plans other than the VRSP.

2. Training on compliance and the VRSP

The Chambre de la Sécurité Financière is offering an online training course (with a PDU) about compliance and the VRSP: Régime volontaire d’épargne-retraite (RVER) : savoir pour mieux conseiller (French only).

This training activity will give representatives a good understanding of the characteristics specific to the VRSP and will equip them to be fully compliant when offering the VRSP. (Chambre de la Sécurité Financière)

To find out more about this training, visit http://www.chambresf.com/en/members-continuing-education/continuing-education/activities/ and click on the “Compliance” section.

Don’t forget that the Toolbox on iapension.com also contains a wealth of other tools to help you in your efforts.