Capital Accumulation Plans

Project | Capital Accumulation Plans
Initiative/Project Name: Capital Accumulation Plans
Description:

In these guidelines, a capital accumulation plan (CAP or plan) is a tax assisted investment or savings plan that permits the members of the CAP to make investment decisions among two or more options offered within the plan. The intent of these guidelines is to:

  • outline and clarify the rights and responsibilities of CAP sponsors, service providers and CAP members; and,
  • ensure that CAP members are provided the information and assistance that they need to make investment decisions in a capital accumulation plan.

Pension plan administrators please also see CAPSA Guideline No. 6 Pension Plan Prudent Investment Practices Guideline and the companion Self-Assessment Questionnaire on Prudent Investment Practices. The CAPSA Prudent Investment Practices Guideline and companion Self-Assessment Questionnaire are intended to provide guidance to plan administrators on how to demonstrate the application of prudence to the investment of pension plan assets.

Publications:

Publications:
Document Name Date Description
CAP Q & A January 29, 2010 Joint Forum Capital Accumulation Plan Guidelines - Frequently Asked Questions
News Release April 20, 2009 News Release regarding a review of the JF CAP Guidelines
CAP Brochure April 1, 2005 Guidelines for Capital Accumulation Plans - Brochure
CAP Guidelines May 28, 2004 Guidelines for Capital Accumulations Plans
News Release May 28, 2004 News release regarding CAP Guidelines
Backgrounder - CAP Guidelines May 28, 2004 Backgrounder regarding CAP Guidelines
Summary of Stakeholder Comments May 28, 2004 Summary of stakeholder comments and regulators responses to the Proposed CAP Guidelines
Stakeholder Responses May 28, 2004 Stakeholder responses to the Proposed Guidelines for Capital Acccumulation Plans
Proposed CAP Guidelines April 25, 2003 Proposed Guidelines for Capital Accumulation Plans
News Release April 25, 2003 News release regarding Joint Forum's Proposed Guidelines for Capital Accumulation Plans
Backgrounder - Proposed CAP guidelines April 25, 2003 Backgrounder - Proposed CAP Guidelines
Revised Principles - CAP January 15, 2003 Revised principles for investment disclosure in Capital Accumulation Plans
Letter to Stakeholders January 15, 2003 Update letter to stakeholders re CAP principles
Stakeholder Responses May 24, 2002 Stakeholder responses to the Proposed Regulatory Principles for Capital Accumulation Plans
Backgrounder May 24, 2002 Backgrounder regarding Proposed Regulatory Principles for CAPs
Letter to Stakeholders May 24, 2002 Progress report to stakeholders regarding Proposed Regulatory Principles for CAPs
Proposed Regulatory Principles - CAPs April 27, 2001 Proposed Regulatory Principles for Capital Accumulation Plans