Capital Accumulation Plans - Joint Forum of Financial Market Regulators

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.

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:

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