| | | The RRSPWrap™ (or IPPWrap™ / MPPPWrap™) ‘wraps’ an Retirement Compensation Arrangement (RCA) around the RRSP, MPPP, IPP and/or other registered pension plans to fund the difference between an appropriate pension and income from registered pension. RCF's specially configured PENSIONPlus GIF™ is a hybrid Conventional and Insurance Funded RCA. Primary benefits are split between a Guaranteed and a Variable pool of assets. The guarantee is 4% and the net performance objective on the variable pool is also 4%. Any excess performance reduces funding costs. The variable pool is invested in Segregated Funds; Mutual Funds or Portfolio Managed. The insurance portion provides spousal and/or pre-retirement death benefits, a corporate trustee at reduced rates and, eliminates the tax concerns associated with using Split Dollar or Shared Ownership Arrangements with RCAs. | |
