CAPSA Guidelines Update

Does your pension plan comply with the new governance and risk management requirements?

Last fall, the Canadian Association of Pension Supervisory Authorities (CAPSA) released an important update to its guidelines on capital accumulation plans (e.g., group RRSPs/TFSAs, DPSPs or defined contribution pension plans) and on risk management. These new rules are designed to strengthen governance, improve risk management, and provide better protection for plan members, while also clarifying the responsibilities of plan sponsors and administrators.

CAPSA recommends that each plan sponsor and administrator review these guidelines and determine the best way to implement them so that they benefit both the members and the organization. If technological or administrative adjustments are required, they should be in place by January 1, 2026.

New Obligations for Capital Accumulation Plans

CAPSA’s guidelines are evolving — and the requirements for plan sponsors are becoming more demanding. Greater responsibilities are now expected to ensure stronger capacity in designing and maintaining an effective plan.

Take Action Now

CAPSA’s new guidelines are a chance to boost governance and member trust. Don’t fall behind — contact us today for strategic support and turn these new requirements into a performance advantage.