Category: Regulators
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OSFI Updates Guide re Preparation of Actuarial Reports
The Office of the Superintendent of Financial Institutions has updated its Instruction Guide for the Preparation of Actuarial Reports for Defined Benefit Pension Plans . . .
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Ontario FSRA Guidance re Bank of Canada Changes
The Financial Services Regulatory Authority published guidance on its response to the Bank of Canada's revisions to real return bond data . . .
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Quebec Target Benefit Plan Registration Form
Retraite Québec published a form for plan administrators to apply for registration of a target benefit pension plan . . .
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Nova Scotia Amendments re Unlocking in Force July 1
Effective July 1, 2021, Nova Scotia proclaimed into force amendments to the Pension Benefits Act and the regulations*, which facilitate withdrawals from locked-in retirement accounts or life income funds in cases of financial hardship . . .
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Ontario FSRA Business Plan
The Financial Services Regulatory Authority of Ontario (FSRA) published its 2021-2024 Annual Business Plan, outlining its strategic priorities and supporting activities . . .
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OSFI InfoPensions #24
The Office of the Superintendent of Financial Institutions published InfoPensions #24, which includes a few updates/reminders for plan administrators, actuaries and other pension service providers . . .
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New Brunswick Publishes Revised Unclaimed Property Rule for Consultation
New Brunswick’s Financial and Consumer Services Commission (FCNB) published a revised rule regarding unclaimed property for consultation. Comments may be provided until June 19, 2021 . . .
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CAPSA Updates Guideline re Pension Plan Funding Policy
Further to consultations last fall, the Canadian Association of Supervisory Authorities published an updated CAPSA Guideline No. 7 Pension Plan Funding Policy . . .
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OSFI Guides re DB & DC Plan Termination
The Office of the Superintendent of Financial Institutions published final instruction guides regarding termination of federally regulated defined benefit (DB) and defined contribution (DC) pension plans . . .
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OSFI Updates PRRP AIR Guide
OSFI has updated its Guide to the Pooled Registered Pension Plan Annual Information Return (AIR), Auditor’s Report and Pension Plan Annual Corporate Certification . . .
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