Your investing questions, our clear answers.

Our response:

You are able to transfer an RRSP to a different financial institution by authorizing the transfer of your funds. You can initiate the transfer through the receiving financial institution. One or both of the financial institutions involved may charge you a transfer fee.  This previous Investing Questions question may help you take the next step.

• “Can I transfer RRSP funds to another financial institution without penalty?”

Visit GetSmarterAboutMoney.ca to learn about RRSP transfers and other investing topics.  Speak with a registered financial representative for advice.