Mr. Chris Forbes
Federal-Provincial Relations and Social Policy Branch
Department of Finance
L'Esplanade Laurier
15th Floor,East Tower,
140 O'Connor Street
Ottawa, Ontario
K1A 0G5

Dear Mr. Forbes:

As service providers to the majority of pension plans and workplace retirement savings programs in Canada, life and health insurance companies noted with interest Minister Flaherty's March 24, 2010 invitation to comment on Canada's retirement income system.

Our industry's comments and recommendations for enhancing coverage, adequacy and security of the retirement income system are attached, in both official languages. We would be happy to expand on any of these issues should you have any questions.

Yours sincerely,

Ron Sanderson
Director, Policyholder Taxation and Pensions