New hope for defined benefit plans?

Apr 1, 2013

Many employers and unions are looking for ways to ensure sustainability of their defined benefit (DB) plan, if they can stabilize costs.

Nova Scotia announces a solvency funding extension

Mar 1, 2013

On February 11, 2013 the Nova Scotia Department of Labour and Advanced Education relaxed the funding rules for private sector defined benefit pension plans, for the period between January 3, 2011 and January 2, 2014.

As at February 28, 2013 - Tracking the funded status of pension plans

Mar 1, 2013

This graph shows the changes in the financial position of a typical defined benefit plan since December 31, 2007.

Ontario: Disclosure requirements for financial statements (pension plan or pension fund)

Mar 1, 2013

The Financial Services Commission of Ontario (FSCO) has published its guidance note with regards to disclosure requirements for financial statements of pension plans or pension funds (FSGN-001).

As at February 28, 2013 - Impact on pension expense under international accounting

Mar 1, 2013

Every year, companies must establish an expense for their defined benefit pension plans.

Accounting rules for entities with rate-regulated activities

Mar 1, 2013

Following its meeting on February 13, 2013, the Canadian Accounting Standards Board (AcSB) has extended again for 1 yr, up to January 1, 2015, the deferral of the mandatory IFRS changeover date for entities with qualifying rate-regulated...

National Summit on Pension Reform held in New Brunswick

Mar 1, 2013

Canada’s Public Policy Forum, in joint sponsorship with Morneau Shepell and SunLife Financial, held a pension reform summit in Fredericton on February 19th and 20th.

OSFI Forum

Mar 1, 2013

On February 12th, the Office of the Superintendent of Financial Institutions (OSFI) hosted its annual pension forum in Toronto to discuss issues and initiatives affecting federally regulated pension plans.