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E.g., Sep 18, 2019
E.g., Sep 18, 2019

Ontario releases proposed framework on pension plan electronic communications

Aug 27, 2019

On August 6, 2019, the Ontario Ministry of Finance released proposed legislative amendments that would permit pension plans to use electronic communications as a default communication method...

Ontario updates fee assessments for pension plans while BC proposes fee increase

Aug 27, 2019

The new Ontario pension regulator, the Financial Services Regulatory Authority of Ontario (FSRA), has released a new rule updating fees and assessments payable by the pension sector.

Quebec’s annuity purchasing policy

Aug 27, 2019

In July 2019, Retraite Québec added a new web page summarizing the Annuity Purchasing Policy.

Quebec issues draft regulation affecting the stabilization provision

Jul 23, 2019

On July 3, 2019, a draft regulation amending the Regulation respecting supplemental pension plans was published in the Gazette officielle du Québec.

FSRA, Ontario’s new pension regulator, takes over from FSCO

Jul 23, 2019

On June 8, 2019, the FSRA assumed the regulatory duties of the FSCO in respect to pension plan regulation in Ontario, as well as the duties of other financial regulators.

Draft employee life and health trust legislation released

Jul 23, 2019

In May 2019 the federal Department of Finance released draft legislation with respect to employee life and health trusts (ELHTs).

FSCO issues spousal waiver form, FAQs for non-residency unlocking from a pension plan

Jul 23, 2019

On May 28, 2019, the Financial Services Commission of Ontario (FSCO) released a new Form 4.2 and published a Frequently Asked Questions document (FAQ) on non-residency unlocking from a registered pension plan for Ontario members.

Ontario releases new funding regulation

Jun 26, 2019

On May 21, 2019, the government of Ontario filed O. Reg. 105/19, which makes some clarifications, technical corrections and adjustments in the new funding framework for defined benefit (DB) pension plans that took effect on May 1, 2018.

CAPSA releases revised electronic communications guideline

Jun 26, 2019

On May 8, 2019, the Canadian Association of Pension Supervisory Authorities (CAPSA) released the revised Guideline No. 2 – Electronic Communications in the Pension Industry (the Guideline).

Quebec adopts amendments to its Pay Equity Act

Jun 26, 2019

On April 10, 2019, the Quebec National Assembly assented to Bill 10, An Act to amend the Pay Equity Act mainly to improve the pay equity audit process.