A Registered Retirement Savings Plan (RRSP) is a tax advantaged retirement account in Canada much the same as a pension in the UK but with some added benefits. With careful planning you can create some fantastic opportunities to mitigate tax and make the most of your future retirement.
A RRSP, is a fund that Canadian residents pay into during their working lives to support them financially in retirement. Investing into a RRSP can mean significant tax savings for higher earners and high net worth individuals.
The RRSP choices you make today will shape the lifestyle you can enjoy when you retire. We can help you make the right decisions with your RRSP and ensure you take appropriate steps to maximise your retirement savings.
If you are going to invest in a RRSP, it’s wise to get expert advice.
Alexander Peter is a global business providing cross-border advice to the international community. As independent advisers, we provide clear, transparent, and unbiased solutions.
All our advisers are highly qualified and have in-depth knowledge of both the UK and Canadian pension systems. Many of our advisers are also qualified as pension transfer specialists, so you can rest assured that we are well positioned to help you make the right decisions when it comes to your RRSP.