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Direct transfer-in an RRSP, RRIF or TFSA 

Bring your existing registered plans to Outlook Financial with a straightforward, tax‑efficient transfer. 

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If you already hold an RRSP, RRIF or TFSA, at another financial institution, you can transfer your funds directly to Outlook Financial.  

Consolidating your accounts helps simplify your financial planning, reduce administrative hassle, and maximize savings with Outlook’s competitive rates on RRSPs, RRIFs and TFSAs.  

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When a direct transfer‑in makes sense

A direct transfer‑in of an RRSP, RRIF or TFSA may be a good option if:  

  • You already hold a registered plan at another financial institution and want to move it without affecting your contribution room.
  • You want to keep your tax‑advantaged status intact rather than withdrawing and re‑contributing funds.
  • You’re consolidating your registered savings under one institution for simpler management and planning.
Important information to consider before you transfer
  • Possible fees: Your current institution may charge a transfer-out fee. Good news: Outlook Financial does not charge any fees to transfer your RRSP, RRIF, or TFSA in.
  • Processing time: Your Direct Transfer-In request will be processed and sent to the institution you are transferring from within 4 days. Please be advised that a transfer can take 4-6 weeks. 
  • Account identifiers: Double-check account numbers and registration type. 

How to complete an registered plan (RRSP, RRIF, TFSA) transfer

  1. Complete the online Direct Transfer-in Form 
  2. We’ll contact your current institution to move the funds. 
  3. Once transferred, keep your funds in your Registered FHSA High Interest Savings Account for flexibility or invest in a 1–5 year fixed-term GIC. 

For Existing Outlook Members 

To transfer an existing RRSP, RRIF, or TFSA to Outlook Financial, you must already have the corresponding registered plan open with us. If you do not currently have the corresponding registered plan with Outlook Financial use the links below to get started. 

Invest your transferred funds in a GIC

If your savings timeline is longer, consider choosing GIC terms that let you secure a guaranteed return while keeping your funds invested.

Once your RRSP funds have successfully transferred to your FHSA, you can put them to work right away.

  1. Log in to Online Banking to confirm your FHSA balance reflects the transfer.
  2. Complete the online Deposit Form to invest your funds in a fixed-term GIC and start earning guaranteed interest.

You can also diversify across different GIC terms to create a plan that supports steady, reliable growth. 

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Why transfer your existing RRSP, RRIF or TFSA to Outlook?

Simplify your finances

Manage all your RRSPs, RRIFs, and TFSAs in one place.  

Earn more with Outlook

Take advantage of our competitive interest rates.  

Plan confidently

See your registered investments in one place, helping you track progress toward retirement income, tax-free growth, and long-term wealth-building goals.   

Enjoy trusted service

All accounts are backed by our 100% deposit guarantee through the Deposit Guarantee Corporation of Manitoba. 

New to Outlook Financial?

Your registered plan transfer starts here.

To transfer an RRSP, RRIF or TFSA from another financial institution to Outlook Financial, you’ll first need to open an Outlook Financial membership. This includes opening a High‑Interest Savings Account (HISA), which allows us to set up your registered plan and complete your direct transfer once your membership is active.

Complete your online application
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Steps for new members:

Once your Outlook Financial membership is opened:

  1. Open your RRSP, RRIF or TFSA plan with Outlook Financial.  
  2. Complete the Direct Transfer‑In Form. 

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