Reminder: RSP to RIF Conversion letters We have started mailing letters to customers who have registered savings plans (such as RRSP, LIRA) and will have reached the age of 71 by the end of this year. These customers must collapse their registered savings plans by the end of 2015. The letters explain what options are available to them and also indicate that their contract default will be applied if we have not received instructions by December 28th, 2015. Older products, that do not allow for a registered savings plan to registered income fund conversion, will mature if instructions are not received by December 28th, 2015. New registered income fund applications must be submitted for these accounts in order to move the proceeds of a customer’s registered savings plan to a new registered income fund.
See Sample letter. Reports for Citi administered registered savings plans were mailed at the beginning of October to advisors who have impacted customers. Customer letters will be mailed out on October 30th, 2015. | 
