Investment of Pension Funds (Defined Benefit Plans)

The manner in which assets are invested, and the way the investments are managed and supervised by the plan administrator are crucial to the success of the pension fund and delivery of the pension promise. The investment management function should be undertaken in accordance with the prudential principles of security and liquidity, using appropriate risk management concepts. The plan must also invest in accordance with Schedule III of the PBSR.

Publications

TypeTitleReference
Instruction Guide Draft Instruction Guide on Buy-in Annuity Products2022
Newsletter OSFI consultation paper: Pension Investment Risk ManagementInfoPensions 26
Newsletter OSFI review of pension investments - UpdateInfoPensions 25
Newsletter OSFI review of pension investmentsInfoPensions 24
Guideline Derivatives Sound Practices for Federally Regulated Private Pension Plans 2018
Guidance Amendments to the Related Party Rules Pension Benefits Standards Regulations, 19852016-001
Newsletter Policy Advisory on the definition of Mutual Fund and Pooled FundInfoPensions 11
Advisory Longevity Insurance and Longevity Swaps2014-002
Advisory Definition of “mutual fund” and “pooled fund”2014-001
Guideline Stress Testing Guideline2011
Guideline Guideline for the Development of Investment Policies and Procedures2000
Guideline B-4 Securities Lending1992
Guidance Required Filings for Real Estate, Resource and Investment Corporations2009-019
Guidance Interest Rate on Late Employer Contributions2009-018
Guidance Defined Benefit Plan Termination and Related Investment Decisions2009-017
Guidance In-Kind Contributions2008-002
Guideline CAPSA Guideline No. 6 on Pension Plan Prudent Investment Practices (PDF, 109 kB)2011
Questionnaire CAPSA Self-Assessment Questionnaire on Prudent Investment Practices (PDF, 546 kB)2011
Newsletter Collateral for Securities LendingPBSA update 26
​​