FSRA/OSFI Defined contribution (DC) pension plans technical advisory committee

Meeting summary

Date: Tuesday, June 15, 2021
Time: 9:30 a.m. to 12:00 p.m.
Location: Videoconference

This summary sets out the key points discussed at the June 15, 2021 meeting.

Review of committee products

The meeting focused on the review of the following three products, which will ultimately be published on OSFI and FSRA websites:

  1. A Member Guide on DC Pension Plans
  2. Recommendations for CAPSA’s CAP Guidelines
  3. Summary of Committee Outcomes

In reviewing each of these products, the Committee discussed the scope, reach and value of the products for plan members and the pension sector. While Committee members provided detailed feedback on the products during the meeting, working groups will also be held in June and July to provide focused attention to the finalization of the Member Guide and the Recommendations to CAPSA.

Next meeting

The final meeting of the Committee will be held on July 27, 2021. The finalized products will be released thereafter.

Attendance record

Invited/Attended

Company Name

Attendance Status
(R)egrets; (S)ubstitute; (VC)Videoconference

Caroline Blouin

FSRA - EVP and TAC Chair

VC

Tamara DeMos

OSFI - Managing Director, Private Pension Plans Division and TAC Chair

VC

Alex McKinnon

United Steelworkers

VC

Brett Marchand

Manulife Financial Corporation

VC

Corienne Logan

Many Nations Co-operative Ltd.

VC

David Vincent

Canadian Benefits Law

VC

Jo-Ann Hannah

Retired

VC

Joe Nunes

Canadian Institute of Actuaries

R

Lisa Jankov

Pension Investment Association of Canada

VC

Martin McInnis

Co-operative Superannuation Society Pension Plan

VC

Michael Dodd

Co-operators Group

VC

Michelle Loder

Morneau Shepell Ltd.

VC

Paul Webber

Cowan Insurance Group

VC

Roger Maguet

Canada Life

R

Roman Kosarenko

George Weston Limited

VC

Susan Bird

Multi Employer Benefit Plan Council of Canada

VC

Susie Taing

Sun Life Assurance Company

VC

Tim Mark

Royal Bank of Canada

VC

Todd Saulnier

Association of Canadian Pension Management

VC

Zaheed Jiwani

Eckler

VC

Nikita Buffone

CRA

VC

David Bartucci, James Hoffner, Jesse Heath-Rawlings, Paul Dempsey

FSRA

VC

Benoit Brière, Chuck Saab, Mike Ius, Nadine Atallah, Sydney Roy

OSFI

VC

Carolina Geronimo, Jenny Chau

British Columbia Financial Services Authority

VC

Matt Krzepkowski,
Neil MacKinnon

Department of Finance

VC

Cole Mathews, Krista Teichroeb

Ministry of Finance

VC