Regulatory Alerts2017-08-25 | 29540Added · Updated
Final Policy Proposal Document for the Establishment of an Occupational Pension Plans Bill
The Central Bank of Trinidad and Tobago circulated the third and final Policy Proposal Document to inform the drafting of the Occupational Pension Plans Bill, subject to the Minister of Finance's approval. The document directs pension plans, corporate and individual trustees, insurance companies with deposit administration contracts, and labour unions to review the proposal and forward it to relevant plan sponsors, management committees, and investment managers. A matrix detailing the Central Bank's responses to comments on the October 2011 draft will be published on its website by February 8, 2013.
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