R•RRIF is a complete solution for retirement account administration.
The system manages RRIF, LIF, LRIF and PRIF accounts on a single platform and provides real-time processing capabilities to all sales channels.
With a common approach for all retirement accounts, you can reduce costs and increase customer service.
Provide Your Customers
With Choices
R•RRIF allows you to offer
unparalleled investment and service flexibility to your
customers.
With R•RRIF, any investment can be held in any retirement
account. You are able to offer any day, any frequency payments
and fund payments across different products in a single step.
Recurring and lump sum instructions are fully supported.
R•RRIF provides business options, not software limitations.
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Improve Service
Timeliness
R•RRIF provides sales channels
with fully automated retirement account and investment
processing capabilities.
R•RRIF creates a set of common processes across accounts. This
reduces data entry errors and makes it easier for your staff.
Registered assets can be electronically transferred in a single
step without manual back-office processing.
R•RRIF allows you to service your customers’ needs immediately
and improve satisfaction.
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Eliminate Regulatory
Complexities
With R•RRIF, you can perform
regulatory RRIF and Locked-in account administration with ease.
R•RRIF produces the full range of client and government forms,
extracts and reports. Tax records are created at the time a
transaction is processed, eliminating the need for data clean up
at year-end. The system’s year-end processes operate in hours,
not days.
As a result, you can continue regular business operations
without costly disruptions.
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Retirement Account Administration
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- Single platform for RRIF, LIF, LRIF and PRIF account administration
- Retirement accounts can hold any investment, including Term Deposits, Mutual Funds and Equities
- Payments can be issued on any day, on any frequency
- Real-time processing available to all channels, including branches and advisors
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