- Log into your Mercer Invest Wise account and select, 'Add or Transfer an account'
- Select the investment account you're transferring the funds to. The account statement or pension package will help you determine if your pension is locked or unlocked.
- If your funds are unlocked, open an RRSP
- If your funds are locked, open a LIRA. Keep in mind that the jurisdiction of your LIRA account should match your existing pension
- Type in the name of your financial institution followed by the word “Pension.”
- Enter the plan number found in your account statement.
- Click 'Yes, it's correct' when the message pops up.
Once you've set up your transfer, you'll want to follow Step 2. How to complete the T2151 form.
*It's very important that the institution name that you've entered includes the word "Pension". If not, this could delay your transfer.
If you have any questions, please create a request for our support team!