Compliance News | July 22, 2020

July 2020 Governance Update

Segal’s Governance Update reviews news affecting pension plans. This issue identifies news from several of the provinces.

We also discuss news from the Canadian Institute of Actuaries (CIA), the Canadian Association of Pension Supervisory Authorities (CAPSA), the Federal Department of Finance, and the Office of the Superintendent of Financial Institutions (OSFI).

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Guidance on Pension Plan Amendments

The Financial Services Regulatory Authority of Ontario (FSRA) has released its final Pension Plan Amendments Guidance; get details and next steps.
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Guidance on Information Technology Risk Management

The guidance includes seven practices for effective IT risk management and outlines the process for notifying FSRA in the event of an IT risk incident
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Rollout of Services Under the New Canadian Dental Care Plan

Canadian plan sponsors: Get details on the new Canadian Dental Care Plan (CDCP), including eligibility criteria, rollout, covered services and more.

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