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ARTICLE · 27 DECEMBER 2024

CAPSA Guideline No. 10: New Risk Management Guideline For Plan Administrators

On September 9, 2024, the Canadian Association of Pension Supervisory Authorities (CAPSA) released two guidelines: Guideline No. 3: Guideline for Capital Accumulation Plans (updating a version from 2004)...

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On September 9, 2024, the Canadian Association of Pension Supervisory Authorities (CAPSA) released two guidelines: Guideline No. 3: Guideline for Capital Accumulation Plans (updating a version from 2004) and new Guideline No. 10: Guideline for Risk Management for Plan Administrators (the "Guideline No. 10"). This is part two of a two-part series that reviews the two recently released CAPSA guidelines. Part 1, which reviewed Guideline No. 3, can be found here.

History

The purpose of Guideline No. 10 is to assist plan administrators with designing an effective risk management program that is capable of identifying both long-term and short-term risks. Guideline No. 10 was initially released as three separate guidelines in June 2022: Cyber Risk for Pension Plans; Environmental, Social and Governance (ESG) Consideration in Pension Plan Management; and Leverage and the Effective Management of Associated Risks.

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