News & Updates
OSFI InfoPensions update includes announcements on supervisory framework renewal, pension plan liquidity survey
July 03, 2024
The Office of the Superintendent of Financial Institutions recently issued an InfoPensions update with key announcements and reminders relevant to federally regulated pension plans (FRPPs), including pooled registered pension plans. The InfoPensions update includes the following:
- OSFI’s new Supervisory Framework for FRPPs and federally regulated financial institutions (FRFIs) was implemented on April 1, 2024. The new framework updates how OSFI supervises FRPPs and FRFIs, recognizing the specific nature of various regulated industries;
- The results of a survey examining FRPPs' exposures to leverage, and associated liquidity risks found that, for most of the 43 FRPPs surveyed, there are "no material concerns of liquidity risk exposures"; and,
- A summary of the federal government’s 2023 Fall Economic Statement and 2024 Budget.
To read the full update, click on more information below:
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