New Pooled Registered Pension Plan details?

Question

Does anybody have a good summary / commentary on the new Pooled Registered Pension Plans recently passed by the Canadian gov't?

http://www.parl.gc.ca/HousePublications/Publication.aspx?Language=E&Mode=1&DocId=5697416

Is it only for self-employed or can anybody voluntarily contribute?

Answer 1

The general idea of the PRPP is so that small business who cannot afford to offer a plan alone will be able to pool resources with others along with self-employed to create voluntary, defined-contribution pension plans that would be managed by private sector financial institutions.

The PRPP concept would offer more options to individuals as well as small and medium-sized businesses - Tax Rules for Pooled Registered Pension Plans

You can also find an overview here THE NEW PRPP – A Pension for the Pension-Less