News & Updates
New Brunswick publishes final guidelines on asset transfers for shared risk pension plans
March 26, 2025
The Government of New Brunswick has published its guidelines for asset transfers to a shared risk plan.
The guidelines, which came into force on February 28, 2025, set out the general expectations and requirements of the Superintendent of Pensions, which must consent to the transfer of assets.
The key details include:
- The technical requirements of an application for consent from the Superintendent of Pensions;
- The circumstances that must be present for the Superintendent of Pensions to approve a transfer of assets;
- Notice requirements to members of both the transferring and receiving plans; and
- The requirements for post-transfer confirmations to the Superintendent of Pensions by both the transferring and receiving plans.
Click more information below to read the guidelines:
