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ARTICLE · 04 SEPTEMBER 2018

Pension Plans: Risk Management – Part I

Miller Thomson
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Risk management is a key element in the governance of any registered pension plan.

CanadaEmployment and HR
Kim Ozubko
Kim Ozubko
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Risk management is a key element in the governance of any registered pension plan. An important first step in risk management is the identification of potential risks. In Part I of a two-part blog post, we discuss the potential areas of risk for various stakeholders in the administration of a pension plan. In Part II of the post, we discuss the potential risks to administrators and sponsors of registered pension plans.

Types of Risk

As lawyers, the risks we focus on more often than not are the legal risks, but there are also other risks at play – risks that vary between stakeholders and the interests of a particular stakeholder. For example, what is a risk to a plan member may not be a risk to a director and officer and vice versa.

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