The Canadian Association of Pension Supervisory Authorities’ risk management guideline committee is seeking nominations for an industry working group.
The committee will draw on the group members’ technical input and expertise in the areas of integrated risk management, according to a press release, which noted participants will be selected from various pension sector categories based on relevant knowledge, skills and experience.
The risk management guideline will cover pension plans’ use of leverage, cyber risks and environmental, social and governance considerations. The CAPSA previously said it may incorporate these guidelines into a single risk management document that will also cover topics such as investment risk and target-benefit plans.
“Good risk management is a key characteristic of a well-run plan and an important part of the plan administrator’s role in protecting members’ benefits,” said the CAPSA in the release. “An effective framework for managing risk will assist plan administrators in keeping plan assets safe and protecting the plan from adverse risks.”
Individuals and organizations interested in participating are invited to contact the CAPSA.