FSRA/OSFI Defined Contribution (DC) Pension Plans Technical Advisory Committee - Meeting Summary, June 15, 2021
Information
Meeting Summary
Date: Tuesday, June 15, 2021
Time: 9:30 a.m. to 12:00 p.m.
Location: Videoconference
This summary sets out the key points discussed at the June 15, 2021 meeting.
Review of Committee Products
The meeting focused on the review of the following three products, which will ultimately be published on OSFI and FSRA websites:
- A Member Guide on DC Pension Plans
- Recommendations for CAPSA’s CAP Guidelines
- Summary of Committee Outcomes
In reviewing each of these products, the Committee discussed the scope, reach and value of the products for plan members and the pension sector. While Committee members provided detailed feedback on the products during the meeting, working groups will also be held in June and July to provide focused attention to the finalization of the Member Guide and the Recommendations to CAPSA.
Next Meeting
The final meeting of the Committee will be held on July 27, 2021. The finalized products will be released thereafter.
Attendance Record
| Invited/Attended | Company Name | Attendance Status (R)egrets; (S)ubstitute; (VC)Videoconference |
|---|---|---|
| Caroline Blouin | FSRA - EVP and TAC Chair | VC |
| Tamara DeMos | OSFI - Managing Director, Private Pension Plans Division and TAC Chair | VC |
| Alex McKinnon | United Steelworkers | VC |
| Brett Marchand | Manulife Financial Corporation | VC |
| Corienne Logan | Many Nations Co-operative Ltd. | VC |
| David Vincent | Canadian Benefits Law | VC |
| Jo-Ann Hannah | Retired | VC |
| Joe Nunes | Canadian Institute of Actuaries | R |
| Lisa Jankov | Pension Investment Association of Canada | VC |
| Martin McInnis | Co-operative Superannuation Society Pension Plan | VC |
| Michael Dodd | Co-operators Group | VC |
| Michelle Loder | Morneau Shepell Ltd. | VC |
| Paul Webber | Cowan Insurance Group | VC |
| Roger Maguet | Canada Life | R |
| Roman Kosarenko | George Weston Limited | VC |
| Susan Bird | Multi Employer Benefit Plan Council of Canada | VC |
| Susie Taing | Sun Life Assurance Company | VC |
| Tim Mark | Royal Bank of Canada | VC |
| Todd Saulnier | Association of Canadian Pension Management | VC |
| Zaheed Jiwani | Eckler | VC |
| Nikita Buffone | CRA | VC |
| David Bartucci, James Hoffner, Jesse Heath-Rawlings, Paul Dempsey | FSRA | VC |
| Benoit Brière, Chuck Saab, Mike Ius, Nadine Atallah, Sydney Roy | OSFI | VC |
| Carolina Geronimo, Jenny Chau | British Columbia Financial Services Authority | VC |
| Matt Krzepkowski, Neil MacKinnon |
Department of Finance | VC |
| Cole Mathews, Krista Teichroeb | Ministry of Finance | VC |