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Morneau Shepell Asset & Risk Management Ltd., a wholly-owned subsidiary of Morneau Shepell, has completed the final step required to offer a voluntary retirement savings plan (VRSP) in Quebec.

Morneau Shepell Asset & Risk Management, a wholly owned subsidiary of Morneau Shepell, has completed the final step required to offer a voluntary retirement savings plan (VRSP).

Morneau Shepell Asset & Risk Management has received approval from the Autorité des marchés financiers to administer a voluntary retirement savings plan (VRSP).

Company preparing to partner with Québec organizations to help employees use a VRSP to save for retirement

The final version of the Voluntary Retirement Savings Act regulations (as well as some changes to the Supplemental Pension Plans Act regulations) was published in the Gazette officielle du Québec on June 13, 2014.

The Autorité des marchés financiers du Québec (AMF) and the Régie des rentes du Québec (RRQ) each recently published draft regulations respecting voluntary retirement savings plans (VRSP) in the March 12th Gazette officielle du Québec (herein referred to as “draft VRSP Regulations”). Since then, the AMF regulation was approved and comes into effect on April 16.