Article

An Update on Regulatory Oversight of Pension Risk Management

December 22, 2022
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Susan Seller writes in Benefits Canada on the newly developed CAPSA committee aimed at developing risk management guidelines for pension plans. Susan explores how the feedback garnered from the Office of the Superintendent of Financial Institutions could influence the findings and initiatives brought up by this new committee.

Additionally, she discusses how the release and implementation of these findings will impact plan administrators: "risk management — namely, identifying material risks to the pension plan and establishing internal controls to manage those risks — is expected to be a component of the written governance policy that will be required in those jurisdictions."

Susan has been featured multiple times in Benefits Canada as an industry expert and author.

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For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.