Frequently asked questions

Question: When can I enroll?
Answer: Starting January 5, you can enroll in the CBAF group RRSP.

Question: Can I transfer an existing RRSP?
Answer: Yes, you will need to complete a transfer form. This form will be available on the Web site starting January 5, 2004.

Question: How can I reach my CBIA representative?
Answer: To contact the CBIA representative nearest you, go to 'Find your CBIA representative'.

Question: Can my spouse join?
Answer: Yes, your spouse can join the CBAF retirement plan.

Question: Can staff join this plan?
Answer: Yes, the CBAF retirement savings solution is open to Canadian lawyers, their spouses and law office staff.

Question: Who is providing the retirement plan?
Answer: CBA Financial has partnered with Manulife Financial to bring you this retirement savings solution.

Question: What is the difference between an Investment Management Fee (IMF) and a Management Expense Ratio (MER)?
Answer: An IMF is an amount, expressed as a percentage, that Manulife Financial charges investors to cover the cost of investment management and administrative expenses for a fund. The IMF is deducted from the fund before the calculation of unit values.

An MER is the total expense of operating a mutual fund expressed as a percentage of the fund's net asset value. It includes the management fee as well as other expenses including brokerage fees, audit and legal fees, which are charged directly to the fund (Canadian Securities Institute).

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