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Unclaimed Pension Entitlements


Release Date: 08/23/2018
Staff Reference: Ronald Sanderson

August 21, 2018

Ms. Lynn Hemmings
A / Director General
Financial Sector Division
Financial Sector Policy Branch
Department of Finance Canada
90 Elgin
Ottawa, Canada K1A 0G5

By email: FIN.Pensions-Pensions.FIN@canada.ca

Dear Ms. Hemmings:

Re: Consultation re Unclaimed Pension Balances Framework

I am writing on behalf of Canada's life and health insurance companies in response to the Department's June 22nd announcement of a public consultation regarding how best to manage unclaimed entitlements under terminated, federally regulated, pension plans and assist consumers in identifying and accessing such pension entitlements. Our industry greatly appreciates the opportunity to provide input on this matter.