Two years after the Ontario Expert Commission on Pensions was created, its 222-page report—along with 142 recommendations—was released to the public on Thursday. The report,…
The long-awaited report from the Ontario Expert Commission on Pensions (OECP) will be released on Nov. 20. Harry Arthurs, the chair of the commission will…
The Supreme Court of Canada has heard the appeal in the Elaine Nolan et al. v. Kerry (Canada) Inc. et al. case. Last year, plaintiffs…
Access to retirement saving room in Canada’s pension system is inequitably distributed between public and private sector workers, and reform is required to provide all…
Not only is British Columbia’s proposed new pension plan the latest in a string of privately-financed plans cropping up around the world, but it may…
The world is watching to see how pension funds manage risk in a challenging and changing market environment. Pension funds, especially defined benefit (DB) arrangements,…
Managers—and, by extension, plan sponsors—must ensure that socially responsible investments get proper due diligence before they are included or excluded from portfolios. The growth of…
Phased retirement could have a huge impact on the way employers attract and retain employees in the future. With the first cohort of baby boomers…
On October 21, 2008, the Canadian Association of Pension Supervisory Authorities (CAPSA) released a Proposed Agreement Respecting Multi-Jurisdictional Pension Plans (Proposed Agreement). If adopted by…
The Nova Scotia Pension Review Panel has issued an interim position paper outlining its views on key issues and providing clues about the recommendations it…
A pension dispute that has been before courts and regulators for more than a decade is undergoing a further appeal, this time to the Federal…
The long road to synthesizing pension law. Diversity has been, and continues to be, the pride of this nation and the bane of existence for…
Responsible investment is an important issue for many pension plan sponsors today, but when it comes to public policy support for these initiatives, Canada has…
The Pan-Canadian Investors Committee for Third-Party Structured ABCP has commenced the final steps to implement its plan to restructure $32-billion of third-party asset-backed commercial paper…
The Supreme Court of Canada has dismissed a challenge to the restructuring plan for the country’s frozen asset-backed commercial paper (ABCP) market, clearing the way…
The imminent departure of the first wave of baby boomers from the workforce will offer clues about the adequacy of that generation’s saving habits, and…
Best practices and important considerations for developing and maintaining effective investment policy guidelines. The central function of an investment policy statement is to provide structure…
Recent court decisions on pension surplus ownership have turned to plan documentation, but there are still no final answers. Rulings of the Ontario Court of…
After the Ontario Court of Appeal provided a brief respite from the emotional rollercoaster that is Canada’s third-party asset-backed commercial paper (ABCP) market, investors may…
The Ontario Court of Appeal has upheld a lower court’s approval of the third-party asset-backed commercial paper (ABCP) restructuring plan. In its decision, the Court…
Federal and provincial pension benefits standards legislation may be similar, but plan sponsors need to acknowledge the differences between them. Sponsors of defined benefit (DB)…
Around the World August 01, 2008 | Frédéric Létourneau and Leo de Bever In a challenging social and economic environment, plan sponsors are looking to…
In certain circumstances, the Superintendent of Financial Services has the authority under Ontario’s governing pension statute to order a partial plan wind-up. One of those…
On June 26, 2008, the Federal Court of Appeal released a unanimous decision in Cousins et al. v. Attorney General of Canada and Marine Atlantic…
A fundamental change is underway in the area of global investment management for retirement, and an overhaul of the Canadian pension landscape is needed in…