Latest news in Governance/legislation

Complacency the Key to a Good Con

As the dust begins to settle around the Bernie Madoff Ponzi scheme it has been revealed that among his list of high society clientele were…

Down with Historical Plan Documentation

 With the recent cascade of solvency deficits, funding relief measures, and bankruptcy protection filings by pension plan sponsors, it is becoming difficult to remember the…

Head of the Caisse

After emerging from the horrors of 2008, the folks at the Caisse de dépôt et placement du Québec were no doubt looking to 2009 with…

  • By: Jody White
  • April 1, 2009 September 13, 2019
  • 00:00

Shield Appeal

How fiduciary liability insurance can help Plan sponsors guard against future member litigation. The current economic turbulence, combined with increasing numbers of retirees, is creating…

Duty Calls

The challenge of managing pension plans during an economic downturn requires employers and administrators to revisit their legal responsibilities. The global financial and economic pressures…

Ontario Budget Provides Funding Relief

Temporary solvency funding relief constitutes the lion’s share of issues relevant to plan sponsors in Ontario’s new budget, and aside from a few minor surprises,…

  • By: Jody White
  • March 30, 2009 September 13, 2019
  • 00:00

Federal Solvency Relief Measures Announced

Federal Minister of Finance Jim Flaherty has published regulations meant to provide optional temporary solvency funding relief for federally regulated defined benefit (DB) pension plans.…

  • By: Jody White
  • March 30, 2009 September 13, 2019
  • 00:00

Doctors Seek a Healthy Retirement

While the majority of media coverage on pensions is currently focused on saving existing plans, it may come as a surprise to most Canadians that…

Maximizing a Severance Plan

Severance planning is a strange dynamic for advisors, and it’s generally a negative and frustrating process for clients. For advisors, it creates a lump sum…

  • By: Mark Noble
  • March 23, 2009 September 13, 2019
  • 00:00

Stuck Between A Rock…

With no signs yet of the markets returning to health and retention issues still a concern, employers can find themselves between a rock and a…

Actuary Group Presents Pension Reform Proposals

Canada’s defined benefit (DB) pension plans are near the tipping point, and the federal government must take action soon to avoid a crisis in the…

  • By: Doug Watt
  • March 13, 2009 September 13, 2019
  • 00:00

The very best way to communicate, bar none

More than ever, today’s plan sponsors need to maximize the return on their communications investment. The question is: how? In our hyper-connected world, most of…

Marine Atlantic Decision Good for Federally Regulated Pension Plans: Blakes

The March 5 Supreme Court of Canada decision to deny with costs the plan members’ application for leave to appeal from the decision of the…

  • By: Jody White
  • March 10, 2009 September 13, 2019
  • 00:00

Major Pension Funds Speak Out on Credit Crisis

A group representing hundreds of the world’s largest pension funds says institutional investors must accept their share of responsibility for the “the largest financial crisis…

  • By: Doug Watt
  • March 3, 2009 September 13, 2019
  • 00:00

We Don’t Do Advice

Investment advice isn’t the only option—some plan sponsors opt for broader retirement planning education instead. Cadillac Fairview doesn’t do investment advice. “We did not want…

Viewpoint: Panel Discussion

Scott Perkin, President of the Association of Canadian Pension Management, shares his views on the pension panel report. What is the reaction of the Association…

The Great Recession

Employers can turn to financial advice, portable voluntary benefits and transition services to help employees survive today’s economic conditions. The downturn in Canada is less…

  • By: Tom Reid
  • March 1, 2009 September 13, 2019
  • 00:00

What’s the Difference?

With the three expert panel reports now out on the pension reform table, it’s time for a little compare and contrast. For years, the federal…

Relieve It or Not

With many defined benefit pension plans facing a funding crisis, how do we address the problem of solvency? For the second time this decade, pension…

  • By: Murray Gold
  • February 28, 2009 September 13, 2019
  • 00:00

New Lows

The February blahs take on a deeper dimension as companies tighten their belts in a tough economy. Most of us weren’t sorry to see the…

In Safe Hands

In Safe Hands February 28, 2009 | Brooke Smith In the current economic climate, custodians are concerned with increasing communication and protecting client assets. In…

Double Vision Part I

The financial crisis has hit pension plans hard, and defined benefit and defined contribution plans alike are suffering. Will they come out of the current…

  • By: David Burke
  • February 28, 2009 September 13, 2019
  • 00:00

Canadian Companies Fail to Consider Key Risk Exposures

While Canadian pension plan sponsors recognize the importance of risk management, they may be focusing their efforts in the wrong direction. In a pension risk…

Target Benefit Plans: The Overlooked Gem in the OECP Report

Target Benefit Plans: The Overlooked Gem in the OECP Report February 02, 2009 | Cameron Hunter Among the 142 recommendations contained in the Ontario Expert…

Nova Scotia DB Plans a Dying Breed: Report

Nova Scotia’s pension funds operate in a “patchwork” regulatory environment that stifles the creation of new defined benefit (DB) plans, according to the Nova Scotia…

  • By: Jody White
  • January 30, 2009 September 13, 2019
  • 00:00