pension audit – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 16:25:03 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Expert panel: An update on regulatory oversight of pension risk management https://www.benefitscanada.com/expertpanel_/susan-g-seller/expert-panel-an-update-on-regulatory-oversight-of-pension-risk-management/ Tue, 13 Dec 2022 14:00:01 +0000 https://www.benefitscanada.com/?p=131175 In January, the Canadian Association of Pension Supervisory Authorities established a new committee with a mandate to develop a risk management guidance. In the CAPSA’s view, by having an adequate system for managing risks, “plan administrators are better positioned to keep pension assets safe and protect the plan from adverse risks.” Coinciding with this initiative, […]

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]]> N.B. auditor general report calls for transparency from public sector investment organization https://www.benefitscanada.com/canadian-investment-review/cir-news/n-b-auditor-general-report-calls-for-transparency-from-vestcor/ Tue, 28 Jun 2022 17:00:40 +0000 https://www.benefitscanada.com/?p=123612 New Brunswick’s auditor general is reigniting a dispute with the an independent public sector asset manager responsible for investing on behalf of pension plans jointly sponsored by Crown corporations. In a report, Paul Martin, the province’s auditor general, expressed concerns that Vestcor Investment Management Corp., which provides administration services for 11 public sector pension plans and […]

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]]> BCI names Michel Drolet as senior VP of corporate risk, chief audit officer https://www.benefitscanada.com/notice/appointment-notice/bci-names-michel-drolet-as-senior-vp-of-corporate-risk-chief-audit-officer/ Tue, 28 Jun 2022 15:00:25 +0000 https://www.benefitscanada.com/?p=123518 The British Columbia Investment Management Corp. is appointing Michel Drolet as senior vice-president of corporate risk and chief audit executive. In the role, he’ll lead the investment organization’s new corporate risk and audit department, which is mandated to improve risk awareness, responsiveness and decision-making. To preserve the independence of the internal audit function, Drolet will […]

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