While the total number of pension plans in B.C. declined to 610 in 2024, overall membership increased by four per cent to 1.34 million members, according to a new report from the BC Financial Services Authority. The decline in the number of plans, from 613 in 2023, was attributed to plan mergers and windups. The […]
Information technology risk has become a more prevalent concern in recent years, so it comes as no surprise that Canadian pension regulators are focused on ensuring that plan administrators manage this risk effectively. IT risk is associated with an entity’s IT infrastructure as a whole, including risk caused by error or malfunction, as well as […]