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Technical Working Group on a Defined Contribution Decumulation Framework

The Financial and Consumer Services Commission of New Brunswick (the Commission) has brought together a group of industry stakeholders to serve as part of a technical working group on a proposed defined contribution decumulation framework. 

New Brunswick defined contribution (DC) pension plan members have few options for the decumulation phase of their retirement journey. Industry stakeholders are asking for policy changes that support additional decumulation options. 

The Commission has performed a preliminary analysis and developed a discussion paper. Technical working group members will provide comments to this paper based on their experience, identify issues and assist the Commission in developing a proposed decumulation framework for DC plan members. 

Technical Working Group Members

  • Maryse Gagnon-Ouellette (Chair), Financial and Consumer Services Commission of New Brunswick
  • Tarun Goolcharan, TELUS Health
  • Janice Holman, Eckler Ltd.
  • Dante Manna, Stewart McKelvey
  • Guillaume Richard, McCain Foods Limited
  • Kevin Ring, Interpro Pipe & Steel Canada Inc. 
  • Eric Robert, Vestcor
  • Barbara Sanders, Simon Fraser University
  • Marko Skrga, TD Global Investment Solutions
  • Dave Whyte, Canada Life and Health Insurance Association

Meetings

Meeting minutes or high-level summaries may be published following technical working group meetings. Meetings are expected to take place in early 2026. 

Terms of Reference

View the technical working group terms of reference, which set out the role, membership and operations for members. 

For more information, please contact:

Pensions Division
Financial and Consumer Services Commission of New Brunswick
225 King Steet, Suite 200
Fredericton, NB E3B 1E1
Toll-Free: 1-866-933-2222
Email: pensions-retraite@fcnb.ca