November 27, 2020
The Office of the Superintendent of Financial Institutions
(OSFI) is issuing the final version of the Instruction guide for the preparation of actuarial
reports for defined benefit pension plans(The Guide). The
purpose of the Guide is to set out the reporting requirements of
actuarial reports filed with OSFI. The Guide is a comprehensive
document with the intent of facilitating the work of the actuary
and the review of actuarial reports by OSFI by including
legislative, regulatory and actuarial requirements and expectations
in one document.
November 27, 2020
In April 2020, OSFI released a formal advisory to the LICAT guideline to include a