14. A legal person must hold an authorization granted by the Autorité des marchés financiers to act as administrator of a voluntary retirement savings plan.
Only the following legal persons may act as administrator of a voluntary retirement savings plan:1° insurers holding a life insurance class licence issued under the Act respecting insurance (chapter A-32) in conformity with the Regulation under the Act respecting insurance (chapter A-32, r. 1); 2° trust companies holding a licence issued under the Act respecting trust companies and savings companies (chapter S-29.01); and 3° investment fund managers registered in accordance with Title V of the Securities Act (chapter V-1.1).