Financial institutions

• December 10, 1995

  Developments in trusteed pension funds

  Bank of Canada Review - Winter 1995-1996 Jacobo De Leon

  Trusteed pension funds are one of the most important sources of retirement income for Canadians. They have also been one of the fastest-growing sectors of the Canadian financial market. Trusteed pension funds play an important role in capital markets, channelling billions of dollars of their members' contributions into investments in financial and real assets. This article presents an overview of the trusteed pension funds sector. It provides a context for this overview by briefly presenting other sources of retirement income in Canada. It then examines the sources of the sector's rapid growth, including regulatory developments that have affected it, namely the increase in allowable foreign content and the adoption of the prudent person rule. Finally, it looks at the evolution of the sector's asset mix and how the sector interacts with capital markets.

  Content Type(s): Publications, Bank of Canada Review articles Research Topic(s): Financial institutions, Sectoral balance sheet

• Regulation of Financial Institutions: A Functional Analysis

  Technical Report No. 45 John Chant

  This study has three main objectives: First, to examine the reasons for the existence of financial institutions that simultaneously lend to one group and borrow from another; second, to analyze the reasons for the special treatment of these institutions in terms of the regulation that governs their activities; and third, to assess the types of […]

  Content Type(s): Staff research, Technical reports Research Topic(s): Financial institutions JEL Code(s): G, G2, G28