Nova Scotia Pension Benefits Regulations amended
Mar 26, 2020On February 24, 2020, Nova Scotia amended its Pension Benefits Regulations (the Regulation) and announced that the changes in Bill 109 will become effective April 1, 2020.
FSRA supervisory approach for actively monitored single employer defined benefit pension plans
Mar 26, 2020On January 13, 2020, the Financial Services Regulatory Authority of Ontario (FSRA) released a guidance document (Guidance) which outlines its proposed supervisory approach for actively monitored (i.e., higher risk) single employer defined benefit...
B.C. owner and director found personally liable for unpaid pension contributions
Mar 26, 2020A recent British Columbia case resulted in a finding that the owner and director of an employer was personally liable for breach of trust for failing to remit contributions to a multi-employer pension plan.
Tracking the funded status of pension plans as at February 29, 2020
Mar 26, 2020The evolution of the financial situation of pension plans since December 31, 2019
Impact on pension expense under international accounting as at February 29, 2020
Mar 26, 2020Every year, companies must establish an expense for their defined benefit pension plans.
Impact on pension expense under international accounting as at January 31, 2020
Feb 26, 2020Every year, companies must establish an expense for their defined benefit pension plans.
Ontario increases threshold for audited financial statements, provides for new commuted value standards to be adopted automatically
Feb 26, 2020On December 11, 2019, O. Reg. 420/19 (the Regulation) was filed.
Introducing Morneau Shepell’s Pension Risk Bulletin
Feb 26, 2020Morneau Shepell’s Pension Risk Transfer Team has introduced a periodic Pension Risk Bulletin to provide pension risk transfer market updates & provide other important information on risk management to defined benefit pension plan sponsors in...
Court compensates retiree for negligent misrepresentation of benefits
Feb 26, 2020A recent decision of the Alberta Court of Appeal in Calder v. Alberta affirmed the decision of the trial judge granting a retired member of a public sector pension plan compensation for the negligent misrepresentation of the member’s future...
Proposed exemption of certain individual pension plans and designated plans from Ontario pension legislation
Feb 26, 2020On December 20, 2019, the Ontario Ministry of Finance released its consultation with stakeholders on proposed changes to the PBA, which would exempt certain IPPs and DPs from the application of the PBA.