Federal government announces solvency payment moratorium
May 26, 2020On April 15, 2020, the government of Canada announced that it will provide immediate, temporary relief to sponsors of federally regulated defined benefit pension plans.
Tracking the funded status of pension plans as at April 30, 2020
May 26, 2020The evolution of the financial situation of pension plans since December 31, 2019
COVID-19 pandemic brings unpaid leaves into focus
May 26, 2020A number of Canadian jurisdictions have introduced new unpaid job-protected statutory leaves for employees who are required to take time off work due to quarantine, care for family members, personal illness, or orders relating to public health.
Impact on pension expense under international accounting as at April 30, 2020
May 26, 2020Every year, companies must establish an expense for their defined benefit pension plans.
Canada Revenue Agency suspends minimum contribution rule for DC pension plans
May 26, 2020The Canada Revenue Agency has announced that it has suspended the minimum contribution rule for defined contribution (DC) pension plans in 2020.
Morneau Shepell’s May 2020 Pension Risk Bulletin
May 26, 2020Morneau Shepell’s Pension Risk Transfer Team publishes a periodic Pension Risk Bulletin to provide pension risk transfer and risk management updates and views to defined benefit pension plan sponsors in Canada.
FSRA releases additional COVID-19 update
May 26, 2020On April 24, 2020, the Financial Services Regulatory Authority of Ontario (FSRA) published additional information setting out its response to the COVID-19 pandemic.
Performance universe of pension managers' pooled funds as at March 31, 2020
Apr 30, 2020Results of the Universe Performance survey for Q1 2020
Atlantic pension regulators respond to COVID-19
Apr 28, 2020In light of the COVID-19 situation, pension regulators in the Atlantic provinces have made announcements relating to regulatory extensions and other matters.
Update: Adoption of revised commuted value standards delayed
Apr 28, 2020On April 6, 2020, the Actuarial Standards Board of the Canadian Institute of Actuaries announced it would delay the adoption of its revised commuted value standards until December 1, 2020, at the earliest.