The evolution of the financial situation of pension plans since December 31, 2018
The Financial Services Regulatory Authority of Ontario (FSRA) has published a draft FSRA Priorities and Budget Consultation Document for 2020-2021, describing its priorities as it sets out to strengthen its oversight activities in the pension...
Every year, companies must establish an expense for their defined benefit pension plans.
On October 15, 2019, the Ontario government filed Ontario Regulation (O. Reg.) 335/19, which sets out the rules for a statutory discharge to be provided for a buy-out annuity in respect of a pension for a surviving spouse.
Effective November 1, 2019, the existing pension plan regulator in British Columbia, the Financial Institutions Commission (FICOM), was replaced by the BC Financial Services Authority (BCFSA).
There have been several recent announcements of changes to provincial government health care benefits.
The Liberal Party of Canada has won a plurality of seats in the House of Commons in the recent 2019 federal election and is expected to form a minority government.
Results of the Universe Performance survey for Q3 2019
A group of former employees (the “Plaintiffs”) brought a class action lawsuit in respect of a defined contribution 401(k) plan that allows participants to contribute a percentage of their pre-tax earnings and invest their contributions into one or...
A recent Saskatchewan court case demonstrates some of the complexities involved in making and changing beneficiary designations in pension plans, particularly when a member attempts to make a beneficiary change using a will or other format not...