- Consulting with Canadians
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Laura Thompson's Submission in Response to
Finance Canada's Regulatory Framework for Federally Regulated Defined
Benefit Pension Plans consultation:
I'd like to suggest that federally regulated pensions
allow for a temporary income or unlocking provision for all members.
The provinces have already moved in this direction and it's imperative
that the same allowance is provided by the federal pension plans as
well. In Saskatchewan, there is a 100% unlocking provision. Here in
Manitoba they now have a 50% unlocking provision. This replaced the
temporary income allowance here in Manitoba. I believe at the very
least clients should be able to access a certain percentage above the
maximum payment each year.
Laura Thompson, CFP
Money Concepts / AEGON
5204 Roblin Blvd
Winnipeg, MB
R3R 0H1
Ph:(204)832-9148 / (800) 522-3915
Fax: (204) 896-5907
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