Financial and Consumer Affairs Authority of Saskatchewan

FCAA is Saskatchewan’s financial and consumer marketplace regulator.

April 2015

  • April 2015

            
    Pensions – New Guide: Administrator’s Guide for Defined Contribution Pension Plans

    April 21, 2015 – The Pensions Divisions, Financial and Consumer Affairs Authority has published a new guide called “Administrator’s Guide for Defined Contribution Pension Plans”.  This guide is intended to provide pension plan administrative staff with recommendations that will assist in avoiding common administrative deficiencies that have been noted by the Pensions Division.

    FCAA monitors registered pension plans to ensure that the plan and its administration complies with the Act. In undertaking this responsibility, FCAA staff perform desk reviews of pension plan files and conduct on-site administrative pension examinations. Common deficiencies have been identified through these undertakings.

    This guide focuses on the following areas:

    • Enrollment of Eligible Employees
    • Contribution Deduction and Remittance Practices
    • Communications
    • Written Statement of Investment Policies and Procedures
    • Joint Annual Information Return
    • Governance Policies and Procedures

    For more information, please contact:

    Pensions Division
    Financial and Consumer Affairs Authority of Saskatchewan
    Suite 601, 1919 Saskatchewan Drive
    Regina, Saskatchewan S4P 4H2
    Phone: (306) 787-7650
    Fax: (306) 798-4425      

        
    Pensions – Revised Bulletin: Pension Plan Investments

    April 21, 2015 – The Pensions Divisions, Financial and Consumer Affairs Authority has revised its publication called “Pension Plan Investments”.  The revisions reflect recent changes to the investment rules found in the Pension Benefits Standards Regulations, 1985 which impact pension plans registered under the Act. 

    The bulletin provides guidance on the following areas:

    • Written Statement of Investment Policies and Procedures
    • Quantitative Restrictions
    • Self-Dealing
    • Member Investment Choice

    For more information, please contact:

    Pensions Division
    Financial and Consumer Affairs Authority of Saskatchewan
    Suite 601, 1919 Saskatchewan Drive
    Regina, Saskatchewan S4P 4H2
    Phone: (306) 787-7650
    Fax: (306) 798-4425      

    Pensions Division

    Suite 601, 1919 Saskatchewan Drive

    Regina, Saskatchewan S4P 4H2

    Tel: (306)787-7650

    Fax: (306)798-4425

    Email: pensions@gov.sk.ca

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