Innovation Investments

Locked-In Retirement Accounts (LIRA) are for registered funds locked in under either provincial or federal jurisdiction. The original source of funds in this account is from an eligible locked-in registered pension plan.

We are approved to hold funds under Saskatchewan, Alberta, British Columbia and Federal jurisdictions.

You must convert a LIRA to an appropriate retirement income option, such as a Life Income Fund, by December 31st of the year you turn 71.

To learn more about this investment account and others, see our Account and Fee Information (pdf). You can also contact us in a way that works best for you!


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Investments require a minimum deposit of $1,000. Minimum investment of $1,000. Interest is earned in the currency of the account and calculated on a per annum basis. Rates are subject to change without notice. Interest rates are annual interest rates. Interest is calculated daily on the closing credit balance. If term is withdrawn in full, the accrued interest is paid in full based on prior day's amount. If partial withdrawals are processed, there is no payment of accrued interest as it's paid according to the original terms. Interest for products can either be paid to a separate account or added to the principal on each anniversary date and at maturity.

VirtualWealth is a trade name of Credential Qtrade Securities Inc., Member of the Canadian Investor Protection Fund.

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