July 10, 2023
The British Columbia Financial Services Authority (BCFSA) has issued a new guideline for best practices in multi-employer pension plans.
The guideline’s objectives include promoting adoption by plan administrators of policies and procedures designed to manage risks, and protecting the rights and benefits of plan members.
Some areas the guideline touches upon include governance policy, fiduciary responsibility, oversight and compliance, code of conduct and more.
To read the full document, click on more information below: