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In our most recent blog post, we discussed some of the risks for directors, officers and other stakeholders in the administration of a registered pension plan. In this blog post, we focus on the risks to sponsors and administrators of...
Risk management is a key element in the governance of any registered pension plan. An important first step in risk management is the identification of potential risks. In Part I of a two-part blog post, we discuss the potential areas...
Part II of II As discussed in our most recent blog post, much attention has been given recently to the Digital Privacy Act[1] and the changes that will come into force later this year under the Personal Information Protection and...
Part I of II Much attention has been given recently to the Digital Privacy Act [1] and the changes that will come into force later this year under the Personal Information Protection and Electronic Documents Act (“PIPEDA”) [2] in respect of...
Missing or unlocatable plan members and unclaimed balances under registered pension plans are a significant challenge for plan administrators. On June 21, 2018, the Canadian Association of Pension Supervisory Authorities (“CAPSA”) published draft “Guideline #9: Searching for Un-locatable Members of...
As a result of a recent decision of the Alberta Court of Queen’s Bench, common-law spouses in Alberta now (finally) have the right to divide pension benefits on relationship breakdown. In this blog post, we discuss the change. The Old...
Administrators of registered pension plans are statutorily required to provide certain information to plan members and other plan beneficiaries. As the administrator of a single employer pension plan is often the employer, that obligation, therefore, falls on the employer. In...
After much discussion and debate, on May 1, 2018, much of the new rules under the Pension Benefits Act (Ontario) (“PBA”) in respect of the funding of defined benefit pension plans came into effect. The changes are significant and will...
As discussed at our April A.M. Pension webinar, the Nova Scotia Court of Appeal recently released its decision in Canadian Elevator Industry Welfare Trust Fund v. Skinner. In that decision, the Court of Appeal overturned the earlier decision of a...
In late 2017, the Ontario pension regulator, the Financial Services Commission of Ontario (“FSCO”), announced that it was undertaking a series of “targeted reviews” of selected pension plans. There have now been two targeted reviews announced with more expected later...
The blog sets out a variety of materials relating to the law to be used for educational and non-commercial purposes only; the author(s) of the blog do not intend the blog to be a source of legal advice. Please retain and seek the advice of a lawyer and use your own good judgement before choosing to act on any information included in the blog. If you choose to rely on the materials, you do so entirely at your own risk.
