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June 2001

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Joint Forum of Financial Regulators Releases Discussion Paper:
The Joint Forum of Financial Regulators' Working Committee on Investment Disclosure in Capital Accumulation Plans (the Joint Forum) released the discussion paper "Proposed Regulatory Principles For Capital Accumulation Plans" on April 27, 2001.

LIRAs, LIFs and LRIFs – Transfer Options On Termination Of Employment
Before Quebec developed the life income fund (LIF) in the early 1990s, the portability options available to terminated pension plan members were limitedto a locked-in registered retirement savings plan (locked-in RRSP) or a locked-in retirement account (LIRA). The latter was not available in all Canadian jurisdictions.