CAPSA – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Wed, 01 May 2024 19:25:54 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Sounding Board: How pension IT risk management guidance will impact plan sponsors https://www.benefitscanada.com/pensions/governance-law/sounding-board-how-pension-it-risk-management-guidance-will-impact-plan-sponsors/ Thu, 29 Feb 2024 14:00:09 +0000 https://www.benefitscanada.com/?p=152486 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 […]

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]]> PIAC focusing on pension solvency uniformity, CAPSA risk management guidelines in 2024 https://www.benefitscanada.com/pensions/governance-law/piac-focusing-on-pension-solvency-uniformity-capsa-risk-management-guidelines-in-2024/ Thu, 18 Jan 2024 14:00:34 +0000 https://www.benefitscanada.com/?p=150701 The Pension Investment Association of Canada will concentrate its legislative advocacy efforts on funding reform in 2024, including for an overhaul of long-term, minimum funding regulations for federally regulated defined benefit pension plans, said David Lawson, the PIAC’s new chair. In an emailed statement to Benefits Canada, he said as DB plan sponsors continue to face […]

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]]> Expert panel: Risk management, target-benefit framework among themes shaping pension industry in 2024 https://www.benefitscanada.com/expertpanel_/susan-g-seller/expert-panel-risk-management-target-benefit-framework-among-themes-shaping-pension-industry-in-2024/ Tue, 16 Jan 2024 14:00:02 +0000 https://www.benefitscanada.com/?p=150589 While it’s impossible to predict exactly how pension case law will evolve in future, one can offer an educated guess at some legislative developments and other issues that may confront pension plan sponsors and administrators in the coming year. Risk management Plan sponsors can expect a continued focus on risk management as a key part […]

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]]> Expert panel: What does 2024 hold in store for the pension industry? https://www.benefitscanada.com/expertpanel_/gavin-benjamin/expert-panel-what-does-2024-hold-in-store-for-the-pension-industry/ Thu, 04 Jan 2024 14:00:20 +0000 https://www.benefitscanada.com/?p=149607 With the arrival of the new year, there are three topics that will be important for pension plan sponsors, members and other industry stakeholders in 2024. The economy and financial markets At the end of 2023, the Canadian economy and the financial markets were still feeling the after-effects of the coronavirus pandemic. Read: Expert panel: […]

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]]> Financial market regulators establish committee to implement total cost reporting plan https://www.benefitscanada.com/pensions/cap/financial-market-regulators-establish-committee-to-implement-total-cost-reporting-plan/ Fri, 15 Dec 2023 20:00:07 +0000 https://www.benefitscanada.com/?p=148899 The Joint Forum of Financial Market Regulators is establishing a committee to help implement its total cost reporting plan. The plan aims to increase investor and policy-holders’ awareness of the ongoing costs of owning investment funds and individual segregated fund contracts. The committee, which is comprised of joint forum members and industry representatives, will provide […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-56/ Fri, 13 Oct 2023 13:00:24 +0000 https://www.benefitscanada.com/?p=145237 An article on the Association of Canadian Pension Management’s response to the Canadian Association of Pension Supervisory Authorities’ draft risk management guideline was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. CAPSA pension risk management guideline too divergent, says ACPM 2. B.C. Municipal Pension Plan appointing […]

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]]> CAPSA pension risk management guideline too divergent, says ACPM https://www.benefitscanada.com/pensions/governance-law/capsa-pension-risk-management-guideline-too-divergent-says-acpm/ Fri, 06 Oct 2023 13:00:15 +0000 https://www.benefitscanada.com/?p=144877 The Canadian Association of Pension Supervisory Authorities’ draft guideline for pension plan risk management covers too many topics and audiences, limiting its practical applicability, according to the Association of Canadian Pension Management. In an open letter, the ACPM said the draft guideline lacks a structural framework that would allow pension plan administrators to implement a […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-52/ Fri, 15 Sep 2023 13:00:14 +0000 https://www.benefitscanada.com/?p=143504 An article on the Canadian Association of Pension Supervisory Authorities’ new risk management guideline was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. CAPSA’s risk management guideline adaptable to changes in cybersecurity, ESG: webinar 2. How hybrid workplaces and employees can navigate flu season 3. Canadian employers say competing […]

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]]> CAPSA’s risk management guideline adaptable to changes in cybersecurity, ESG: webinar https://www.benefitscanada.com/pensions/governance-law/capsas-risk-management-guideline-adaptable-to-changes-in-cybersecurity-esg-webinar/ Mon, 11 Sep 2023 13:00:32 +0000 https://www.benefitscanada.com/?p=143197 The Canadian Association of Pension Supervisory Authorities’ new risk management guideline allows for additional flexibility amid evolving issues such as cybersecurity and environmental, social and governance considerations, said David Bartucci, head of pension regulations and regulatory effectiveness at the Financial Services Regulatory Authority of Ontario and a member of the CAPSA’s risk management committee, during […]

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]]> CAPSA’s draft CAP guideline alters industry standards, say ACPM, CLHIA, PIAC https://www.benefitscanada.com/pensions/cap/capsas-draft-cap-guideline-alters-industry-standards-say-acpm-clhia-piac/ Thu, 10 Aug 2023 13:00:47 +0000 https://www.benefitscanada.com/?p=142018 The Association of Canadian Pension Management, the Canadian Life and Health Insurance Association and the Pension Investment Association of Canada say the Canadian Association of Pension Supervisory Authorities’ draft guideline for capital accumulation plans significantly alters the expectations and industry standards for CAPs. In an open letter, the organizations requested the CAPSA reconvene its industry working […]

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