Update: Adoption of IFRS by entities with rate-regulated activities

Apr 2, 2012

Following its meeting on March 20-21, 2012, the Canadian Accounting Standards Board (AcSB) will extend the deferral of the mandatory IFRS changeover date for entities with...

Right to reduce pension benefits retroactively

Apr 2, 2012

Pension plan sponsors often question if they have the right to reduce pension benefits retroactively.

Update: Application of bill C-13 to benefit trusts

Apr 2, 2012

In our last edition of News & Views (see CPP Changes to Employer-Paid Benefit and ASO Plans), it was noted that the application of Bill C-13 did not apply to benefit trusts.

Contribution holidays and surplus

Apr 2, 2012

In Telecommunication Employees Association of Manitoba Inc. et al. vs. Manitoba Telecom Services Inc. et al., dated February 10, 2012, the Manitoba Court of Appeal reversed a decision that had ordered an employer to repay $43M to a pension fund.

Tracking the funded status of pension plans - As at March 31, 2012

Apr 2, 2012

The evolution of the financial situation of pension plans since December 31, 2007

Responsibilities of fund holders

Apr 2, 2012

Effective January 1, 2012, the Financial Services Commission of Ontario (FSCO) issued policy A100-100, Pension Fund Administration – Responsibilities of Fund Holders.

Impact on pension expense under international accounting - As at March 31, 2012

Apr 2, 2012

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

Ontario mandatory e-filing and new e-filing options

Apr 2, 2012

The Financial Services Commission of Ontario ("FSCO") announced on March 22, 2012, that it is making e-filing mandatory for filings with a due date of January 1, 2013, and later...