ID
2020-010

Type
Policy
Sector
Pensions
Status
Public comment closed
Date
Comment Due Date

Thank you for providing your feedback on FSRA’s Proposed Supervisory Approach to Defined Benefit Asset Transfers under the PBA. We appreciate the comments and questions received to date. Your feedback helped to inform our final approach, which we have now posted.

Read: Supervisory Approach to Defined Benefit Asset Transfers under the PBA

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Sector Comment Date posted
Pensions
[2020-010] Rob Corkum - Mercer
Please find enclosed Mercer's response to FSRA's consultation on its Proposed Approach to Pension Asset Transfers.
Pensions
[2020-010] Simon Laxon - Willis Towers Watson
Please see our attached submission.
Pensions
[2020-010] Ric Marrero - ACPM (Association of Canadian Pension Management)
Submitted please find our comments to the Pension Asset Transfer consultation. Please contact us if you have any questions or would like any further assistance.
Thank you,
ACPM
Pensions
[2020-010] Erin Riess - OPTrust
Good morning,
Attached please find OPTrust's submission on the draft asset transfer guidance.
We would be happy to discuss further, should you have any questions.
Thank you.
[2020-010] James Beaton Mckenzie - Self
You only provide for member notification on the "pension website" and, in fact, many pensions do not have such a website.
In addition, many plan members (because of age, illness, affordability, or lack of technology skills) do not have access to pension websites that might exist
Pensions
[2020-010] Adela Mall - Ontario Bar Association
Dear FSRA.,

Please find attached the Ontario Bar Association's submission to FSRA in regards to the public consultation on a guidance document relating to the supervisory approach to asset transfers under the Pension Benefits Act.

Thank you,
Adela Mall
Ontario Bar Association
Pensions
[2020-010] Kristina Croce McCartney - CAAT Pension Plan
Submitting the attached letter on behalf of Evan Howard, Chief Legal and Regulatory Affairs Officer at the CAAT Pension Plan.

Thank you.
[2020-010] Doug Chandler - Sociey of Actuaries
I authored a research report published by the Canadian Institute of Actuaries and the Society of Actuaries in March 2020 entitled "Classification of Risk Sharing in Pension Plans - Canadian Practices and Possibilities". It can be accessed from the SOA website at
https://www.soa.org/resources/research-reports/2020/classification-risk-sharing/. Section 5.4 of the report addresses transfers from one type of risk-sharing arrangement to another. The unique challenges of transfers between pension plans with different risk-sharing deals do not appear to have been addressed in the new FSRA guidance.
No questions have been asked about this consultation yet.