How can I transfer in a Registered Pension Plan?

A Registered Pension Plan (RPP) is an arrangement between you and your institution to receive pensions as a retired employee. You can learn more about RPPs here.

Typically, you can transfer funds from an RPP into the following types of accounts: another RPP, SPP, RRSP, PRPP, or a RRIF. 

Depending on your situation, you may need to provide additional paperwork - however, we will communicate with you if anything is needed during the transfer process.

To transfer funds from an RPP into an account with us, please:

1. Create a OneVest profile
2. Create the account type you wish to receive your RPP funds in
3. Complete the following form: T2151, Direct Transfer of a Single Amount Under Subsection 147(19) or Section 147.3.
4. Submit a request to our support team with the following information:
   1. Your completed transfer form
   2. A relinquishing account statement
   3. The institution you wish to transfer from
   4. If you wish to make a full or partial transfer
   5. Your account number
   6. The approximate amount you wish to transfer ($)

Please don’t hesitate to contact us if you have any questions or concerns in the meantime.