The Financial and Consumer Services Commission of New Brunswick has published guidelines covering transfers of assets from a pension plan to a shared risk plan, alongside a summary of stakeholder comments and the Commission’s responses. The guidelines apply to any transfer of assets from a pension plan to a shared risk plan and set out the Superintendent of Pensions’ general expectations and requirements for the transfer and for the application seeking the Superintendent’s consent.
New Brunswick Financial & Consumer Services Commission 2025-02-28
New Brunswick Financial and Consumer Services Commission issues guidelines for pension plan asset transfers to shared risk plans
The Financial and Consumer Services Commission of New Brunswick released guidelines on asset transfers from pension plans to shared risk plans, detailing the Superintendent of Pensions’ expectations and requirements. The publication includes a summary of stakeholder comments and the Commission’s responses.