Sunday, September 12, 2010

FSM section in NRPC Canada web site

The NRPC Canada has created a separate section devoted specifically to explanation of the Financial Sponsorship Model and the difficulty of wind up by annuity.

Members of the NRPC can log into their site (see link in right hand column), click on the News item on the menu, and then on FSM on the sub menu.

There are 4 articles inside the section. They are:

Canadian Institute of Actuaries on difficulty of wind-up annuities.

Ontario Expert Commission On pensions on difficulty of wind-up by annuity.

An academic paper by professor Norma Nielson ( University of Calgary Haskayne business school) highlighting the absence of an efficient Canadian Annuity Market.

House of Commons testimony on the absence of an efficient Canadian Annuity Market.

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