Self-Directed Registered Plans
Self-directed registered plans provide investors with the ability to create personal portfolios for either retirement savings or retirement income plans.
 
Your member may wish to consider a self-directed plan if he/she:
  • Wants to diversify his/her retirement investment portfolio.
  • Is looking for a consolidated income stream from his/her retirement income plans.
Retirement Savings Plans:
 
  • Registered Retirement Savings Plans (RRSP)
  • Locked-In RRSP
  • Locked-In Retirement Accounts (LIRA)
  • Restricted Locked-in Retirement Savings Plan (RLSP)
Retirement Income Plans:
  • Registered Retirement Income Funds (RRIF)
  • Locked-In Retirement Income Funds (LRIF)
  • Life Income Fund (LIF)
  • Restricted Life Income Fund (RLIF)
  • Manitoba Registered Retirement Income Fund (MB RRIF)
  • Saskatchewan Registered Retirement Income Fund (SK RRIF)
Concentra acts as the trustee. Holdings can include specialized assets such as mortgages, Canadian Controlled Corporation shares or units as well as GICs and cash.
 
As trustee, Concentra is responsible for:
  • Safeguarding of assets
  • Administration, investment and distribution of assets under your member's direction
  • Detailed periodic reporting on transaction history, administration activities and account asset balances.