June 26, 2025
CAPSA G3 Update – Statement Modules
Following the updates to Guideline No. 3 for Capital Accumulation Plans (CAPs) by the Canadian Association of Pension Supervisory Authorities (CAPSA), we’ve reviewed our statements and are making the following enhancement to help support you in remaining compliant with the guidelines.
February 20, 2025
How Sun Life will support the recent Capital Accumulation Plan (CAP) Guideline changes
Following the recent updates to Guideline No. 3 for Capital Accumulation Plans (CAPs) by the Canadian Association of Pension Supervisory Authorities (CAPSA), we’re pleased to share details on specific areas of impact.
October 15, 2024
Introducing online self-certification during plan member enrolment flow
In October 2023, we communicated about new restrictions on plan member transactions due to changes related to the Foreign Account Tax Compliance Act/Common Reporting Standard (FACTA/CRS) self-certification process.
September 11, 2024
Now available: CAPSA Guideline Changes
Sun Life is aware of these changes and has been actively working with CAPSA regulators throughout the consultation process.
June 20, 2024
As part of our commitment to keep you informed, we’re letting you know the regulation to amend the Regulation respecting supplemental pension plans has now been published.
May 21, 2024
CRA requirement to report trust beneficiaries for trusteed non-registered savings plans.
Income Tax Regulation subsection 204.2(1) was added in late 2022, requiring beneficiaries of trusteed non-registered savings plan trusts to be reported to the Canada Revenue Agency (CRA) commencing with the 2023 tax year.
May 07, 2024
CAPSA Upcoming Guideline Changes and Quebec Regulation Changes
The Canadian Association of Pension Supervisory Authorities (CAPSA) is proposing changes.
January 29, 2024
Updated CDCP Reporting Requirements
As the Canadian Dental Care Plan (CDCP) becomes available to eligible Clients, new reporting rules have been established from the Dental Care Measurement Act (DCMA).
January 29, 2024