On September 9, 2024, the Canadian Association of Pension Supervisory Authorities (CAPSA) released CAPSA Guideline No. 10 – Guideline for Risk Management for Plan Administrators (the “Risk Management Guideline”) to consolidate approaches to pension risk …
On September 9, 2024, the Canadian Association of Pension Supervisory Authorities (CAPSA) released two guidelines: Updated CAPSA Guideline No. 3 – Guideline for Capital Accumulation Plans (the “Guideline”); and New CAPSA Guideline No. 10 – …
On October 4, 2023, the Government of B.C. introduced Bill 33: Pension Benefits Standards Amendment Act, 2023. The proposed amendments set the table for defined contribution plans in B.C. to offer a new option for …
Most investment industry participants seem to be hopping aboard the ESG train lately with the most popular destination being climate change risk. The latest such example is BCFSA[1]’s consultation paper on Natural Catastrophe and Climate-Related …
Our last post on the topic of Target Benefit Plan (TBP) PfADs was in early 2021, noting that temporary relief had been approved by the B.C. government. We also noted that a Working Group had …
While it may have gotten lost in the run-up to holiday season, the Order in Council passed on December 18, 2020 to suspend the application of the PfAD to B.C.’s roughly 40 target benefit plans …
We are often asked by members whether or not they should take their commuted value as a lump sum payout upon termination. Many of these members desire to have control over the investment of their …
Last week the B.C. government announced new defined benefit (DB) plan funding rules that take effect December 31, 2019. Some might say that these changes have been long overdue given that the past regime’s heavy …
On July 3, 2018, the Supreme Court of British Columbia completed its judicial review of a prior decision by the Information and Privacy Commissioner of B.C. to release certain information to the Independent Contractors and …
Every province except Quebec agreed in principle to a deal on June 20, 2016 that will eventually improve the Canada Pension Plan. The deal is still subject to final approval. The proposed changes target low …
