Targeted review of pension plans with defined contribution provisions

In December 2018, OSFI initiated a targeted review of all federally regulated pension plans with defined contribution (DC) provisions. We requested administrators of these plans to complete a questionnaire that collected information about plan fees, the default investment option and the number and type of investment options offered to members. The purpose of this review is to determine whether enhancements are required to our risk-based approach to the supervision of pension plans with DC provisions.

We requested information from 891 pension plans and we are currently analysing the information received. We thank respondents very much for their cooperation and we expect to provide our conclusions in the fall 2019 edition of InfoPensions.