The Honourable Ted Morton
Minister of Finance and Enterprise
420 Legislature Building
10800-97 Avenue
Edmonton, AB T5K 2B6

Dear Minister:

Canada's life and health insurance companies are pleased to respond to the concerns identified in Alberta's March 12th pension consultation paper. The attached comments and recommendations focus on simple changes to expand and enhance the coverage, adequacy and security of pensions and other retirement income plans. We look forward to the opportunity to discuss these proposals and the related issues with you and your officials should you have any questions.

Yours sincerely,

Ron Sanderson
Director, Policyholder Taxation and Pensions