As I discussed in an earlier post, the Canadian Association of Pension Supervisory Authorities recently published a consultation paper entitled “The Prudence Standard and the Roles of the Plan Sponsor and Plan Administrator in Pension Plan Funding and Investment” (PDF). The comment period for the paper – which provides helpful guidance to pension plan sponsors and administrators regarding the regulators’ view of best practices for pension plan funding and investment – has been extended to April 30, 2010.