R-17.0.1, r. 3 - Regulation respecting voluntary retirement savings plans

Full text
18. For the purposes of the second paragraph of section 27 of the Act, the only fees an administrator may deduct from the return on assets are as follows:
(1)  the management and administration fees for each investment option, including the fees referred to in section 10;
(2)  the amounts paid as emoluments for the representatives who act on behalf of the administrator;
(3)  the applicable taxes under Part IX of the Excise Tax Act (R.S.C. 1985, c. E-15) and Title I of the Act respecting the Québec Sales Tax (chapter T-0.1).
Furthermore, the fees an administrator may charge to members are as follows:
(1)  a maximum of $50 relating to the transfer of funds to another pension plan;
(2)  those related to the reimbursement of funds referred to in sections 68, 69, 72 and 73 of the Act;
(3)  those related to a request for advice made by a member;
(4)  the amount attributed to a member’s portion of a maximum of $100 for carrying out the transfer of benefits between spouses and $150 for producing the statement of benefits referred to in section 76 of the Act. The other portion is payable by the member’s spouse;
(5)  those related to a search for the contact information of an untraceable member;
(6)  those related to a cheque without sufficient funds issued by the member;
(7)  those related to a stop payment order on a cheque or deposit requested by the member;
(8)  those related to sending a copy of a document at the member’s request.
Prior to rendering the service provided for in subparagraph 3 of the second paragraph, the administrator shall inform the member of the cost of the service.
O.C. 499-2014, s. 18.