Individual Pension Plan (IPP)

MRS and GBL Inc. (Gordon B. Lang & Associates Inc.): Together We Are Your Total Individual Pension Plan (IPP) Provider ***

Welcome to the Total IPP

MRS and GBL Inc. have come together to provide a seamless integrated approach to IPPs that will save Advisors and their clients both time and money. GBL Inc. is one of the industry leaders in providing actuarial and financial consulting services with respect to Individual Pension Plans for business owners and professional corporations. MRS is known for exceptional investment services. Together with the Advisor, we provide the Total IPP experience.

Why choose this unique partnered product?  Three easy reasons:

• Simplified Administration throughout the lifetime of the IPP
• Lower set-up fee – Save $500 off the initial set-up fee] on every account!
• One-stop shop

We believe in the full service approach:  GBL Inc. provides complete product support to the advisor and investor; MRS provides seamless investment services. With the substantial experience and solid reputation of both organizations supporting you and your client, Total IPP is a winning solution.

About the IPP

Why should you consider an Individual Pension Plan (IPP) for your client?

• Tax sheltering in excess of RRSP contributions
• Additional tax deductible lump sum contribution at retirement
• More prudent investment rules and limitations than RRSPs
• Full creditor protection
• Pre-planned retirement income
• No payroll tax levied on IPP contributions (depends on province)
• All costs associated with the pension plan are tax deductible to the company

Who is the ideal candidate?

• Business owners, Professional Corporations and key executives
• With T4 earnings near the defined benefit maximum limit (i.e. for 2008 $116,667)
• Over 40 years of age

What you need to know

• Assets are locked-in and may, in most circumstances, only be withdrawn during retirement
• There is little contribution flexibility – in most circumstances the plan must be funded each year
• IPP affects your client’s RRSP room in the year of setup. Contributing to both in the same year can cause over contribution and subsequent penalties

Getting Started

With Total IPPs full service model, you only need to:

• Identify an ideal candidate,
• Run a personalized IPP Illustration that shows your client’s IPP limits at www.gblinc.ca/products/forms/ipp
• Present the IPP to your client

GBL Inc. works with Advisors to increase product knowledge. There is no charge for consultations, and representatives are available across Canada for webcasts, road shows, seminars or conference calls.

Take advantage of our full support platform.  Visit www.gblinc.ca for more information, or contact a GBL Representative (www.gblinc.ca/team) in your area to work with you and your client through this process.

Take advantage of this lower priced and easily administered product where the client is the primary focus.  With Total IPP…you’re sure to be satisfied.

*** MRS and Gordon B. Lang & Associates Inc. (“GBL”) are independent firms and are not authorized to act or represent that they act on behalf of the other. Each of MRS and GBL are only responsible for the services they provide and neither have any responsibility or liability for the services provided by the other. The responsibility for the decision to use the services of MRS and/or GBL is that of the client and their financial advisor.

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*MRS includes M.R.S. Inc. (an MFDA member), M.R.S. Securities Services Inc. (an IIIROC member, Member – Canadian Investor Protection Fund), and M.R.S. Correspondent Corporation (an AMF dealer operating in Quebec).

© 2011 M.R.S. Inc. All rights reserved.