Authors: Pensions Group
Details: Ontario Risk-Based Monitoring of Pension Investments - The Financial Services Commission of Ontario ("FSCO") has adopted risk-based monitoring of defined benefit pension investments. All defined benefit ("DB") pension plans, or hybrid plans with a DB component, registered with FSCO must file an Investment Information Summary ("IIS") within six months after each fiscal year end of the plan occuring on or after December 31, 2005. Plans with a fiscal year ending December 31, 2005 must file an IIS by June 30, 2006.