Pension Investments Lawyers and Law Firms

What is Pension Investment Law?

Pension investment law in Canada is a complex set of regulations designed to ensure that pension plans are managed in the best interests of plan members. The primary governing legislation is the Pension Benefits Standards Act, which sets out the minimum standards for pension plans in Canada.

Under Canadian law, pension plan administrators have a fiduciary duty to act in the best interests of plan members and to invest plan assets prudently. This includes conducting regular risk assessments and diversifying investments to minimize risk. Additionally, pension plans must undergo regular actuarial valuations to ensure that they remain solvent and can meet their financial obligations to plan members.

Canadian pension investment law also provides for a range of investment options, including equities, bonds, and real estate. However, certain restrictions may apply to ensure that investments are appropriate for the long-term nature of pension plans.

Overall, pension investment law in Canada is designed to protect the retirement savings of Canadians and ensure that pension plans are well-managed and sustainable for the long term.