The British Columbia Financial Services Authority (BCFSA) has published a Pension Plan Administrators’ Guide: Roles and Responsibilities, positioning it as a centralized resource to support good governance for administrators of employer-sponsored pension plans in British Columbia. The guide consolidates links to previously published BCFSA resources and streamlines access to relevant industry materials, including certain guidelines issued by the Canadian Association of Pension Supervisory Authorities. It is framed around the minimum standards applicable to B.C. pension plan administrators under the Pension Benefits Standards Act and the Pension Benefits Standards Regulation.
British Columbia Financial Services Authority 2025-09-16
British Columbia Financial Services Authority releases Pension Plan Administrators’ Guide to consolidate minimum standards and responsibilities
The British Columbia Financial Services Authority (BCFSA) released a Pension Plan Administrators’ Guide to enhance governance for employer-sponsored pension plans in British Columbia. The guide centralizes access to BCFSA resources and industry materials, aligning with minimum standards under the Pension Benefits Standards Act and Regulation.