The Canadian Association of Pension Supervisory Authorities’ 2026–2029 strategic plan is focusing on regulatory harmonization, pension supervision and stakeholder engagement.
The strategic plan comes as pension plan sponsors and members continue to navigate economic and geopolitical uncertainty, including inflation, higher interest rates and market volatility, alongside ongoing concerns around retirement readiness.
It reflects an environment where plan sponsors are increasingly focused on governance, decision-making and risk management, while members continue to face uncertainty around their retirement outcomes, says Peter Burston, director of national regulatory coordination at the Financial Services Regulatory Authority of Ontario.
“CAPSA’s guidance committee will review guidelines to ensure they remain current, relevant and responsive to the evolving pension landscape, while promoting harmonization of regulator expectations.”
The plan also includes measures to strengthen pension plan supervision, including a supervisory practice enhancement forum aimed at supporting information-sharing among regulators on emerging risks and oversight approaches, adds Burston.
Read: What can DC pension committees learn from DB plan governance?
In addition, the plan emphasizes stakeholder engagement through consultations and dialogue sessions with industry, the CAPSA’s ongoing role in national and international regulatory forums and research into decumulation options for defined contribution plans, as well as the role of plan administrators in supporting member education and communication.