Impact on pension expense under international accounting as at September 30, 2019
Oct 24, 2019Every year, companies must establish an expense for their defined benefit pension plans.
U.S. class action points to best practices for pension committees
Oct 24, 2019A 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...
Saskatchewan court finds that pension plan beneficiary designation could not be altered using will
Oct 24, 2019A 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...
2020 Salary Projection Survey report
Sep 27, 2019The results presented in this report are an analysis of responses collected from a broad cross-section of industries representing 506 Canadian organizations on their expected changes in compensation for 2020.
Tracking the funded status of pension plans as at August 31, 2019
Sep 23, 2019The evolution of the financial situation of pension plans since December 31, 2018
Impact on pension expense under international accounting as at August 31, 2019
Sep 23, 2019Every year, companies must establish an expense for their defined benefit pension plans.
Recent developments in pharmaceutical benefit coverage
Sep 23, 2019Several new developments in 2019 point towards greater government intervention to manage drug prices as well as the cost of public drug plans.
British Columbia pension funding reform proposals
Sep 23, 2019The British Columbia (BC) Ministry of Finance released a report in August 2019 outlining a proposal for changes to minimum funding requirements for BC-registered defined benefit (DB) pension plans.
FSRA to begin imposing summary administrative penalties for late regulatory filings
Sep 23, 2019On August 13, 2019, the new Ontario pension regulator, the FSRA of Ontario, announced that it intends to commence imposing summary AMPs effective for filings due on or after September 30, 2019.
FSRA permits delegated administrators to make and revoke delegations on Pension Services Portal
Sep 23, 2019The Financial Services Regulatory Authority of Ontario (FSRA) has created a new role of “Delegated Administrator” under the Pension Services Portal (PSP).