Regulatory Alerts2017-08-25 | 23973Added · Updated
Circular Letter on Revised Policy Proposals for the Occupational Pensions Plan Bill
The Central Bank of Trinidad and Tobago circulates a revised Policy Proposal Document for the Occupational Pension Plans Bill for further stakeholder review and comment. The revisions address industry feedback regarding member rights, governance, administrative fines, winding up procedures, and transitional arrangements. Corporate and individual trustees, insurance companies with deposit administration contracts, and labour unions must submit written comments by December 30, 2011, and forward the document to plan sponsors, management committees, and investment managers.
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