Latest news in Governance/legislation

ORPP consultation paper released

The Government of Ontario has released a consultation paper on the Ontario Retirement Pension Plan.

By: Staff
December 18, 2014 September 13, 2019
11:08

Ontario introduces ORPP, PRPP legislation

The Government of Ontario has introduced legislation to create the Ontario Retirement Pension Plan and pooled registered pension plans.

By: Staff
December 8, 2014 September 13, 2019
16:21

Quebec passes pension reform bill

Quebec's National Assembly passed a bill into law on Thursday that will reform the province's municipal pensions.

By: Staff
December 5, 2014 September 13, 2019
08:34

Alberta’s Employment Pension Plans Act encourages innovation in plan design

Alberta’s new Employment Pension Plans Act encourages innovation in plan design

By: Michael Wolpert
December 1, 2014 September 13, 2019
07:00

Responsible investment and fiduciary duty

Save your money, save the world? Pension funds, we are told, can be a force for social good, from promoting sustainable environmental practices, to punishing…

By: Mark Firman
November 19, 2014 September 13, 2019
12:02

Quebec MNAs vote to increase pension contributions

Members of the National Assembly (MNAs) in Quebec will soon have to contribute more to their pensions.

By: Staff
November 14, 2014 September 13, 2019
10:14

2014 CAP Member Survey: Plan risks and the employer’s role

CAP sponsors may be encouraged to see that member satisfaction levels remain high, both with their plans (88%) and with the performance of the plans’…

November 1, 2014 September 13, 2019
07:04

The GST/HST kiss of death for PRPPs?

I don’t believe many pension administrators routinely read the Canada Revenue Agency’s quarterly publication, Excise and GST/HST News. Notification of edition No. 93 hit my…

By: Greg Hurst
October 31, 2014 September 13, 2019
10:11

How to kickstart TBPs for federally regulated employees

Despite having been available for decades, target benefit plans will continue to be resisted by federally regulated employers unless a legal flaw is fixed, according…

By: Staff
October 16, 2014 September 13, 2019
11:37

Nova Scotia introduces PRPP legislation

Nova Scotians will soon have a new option to save for their retirement.

By: Staff
October 15, 2014 September 13, 2019
12:34

Ontario releases proposed amendments to PBA regulation

The Government of Ontario has released proposed amendments to Regulation 909 of the Pension Benefits Act (PBA), according to Hicks Morley's FTR Now publication.

By: Staff
October 9, 2014 September 13, 2019
12:54

Federally registered PRPPs now available

Minister of State (Finance) Kevin Sorenson announced that five insurance companies that have federal pooled registered pension plan licences have been registered with the Office…

By: Staff
October 7, 2014 September 13, 2019
10:53

Pension investing and plan governance

Pension investing is becoming more sophisticated. Is your plan’s governance keeping up?

By: Louise J.A. Greig
September 30, 2014 September 13, 2019
07:00

Federal government releases proposed PBSR amendments

Last Friday, the federal government released the next round of proposed amendments to the Pension Benefits Standards Regulations, which will change or enact new provisions…

By: Lesha Van Der Bij and Jana Steele
September 23, 2014 September 13, 2019
10:00

Alberta Legislature prorogued, pension reform bills die

The Alberta Legislature has been prorogued, officially killing all government legislation, including two controversial pension reform bills.

By: Staff
September 18, 2014 September 13, 2019
21:29

Nova Scotia amends Pension Benefits Regulations

The Government of Nova Scotia has amended pension regulations to allow greater flexibility for people to withdraw from locked-in pensions when facing financial hardship.

By: Staff
September 15, 2014 September 13, 2019
10:44

N.L. government, unions reach deal on pension reform

The Government of Newfoundland and Labrador and unions have reached an agreement to make the Public Service Pension Plan sustainable.

By: Staff
September 3, 2014 September 13, 2019
11:24

Private pensions to be mandatory in South Korea

The South Korean government has decided to make private pension plans mandatory.

By: Staff
August 28, 2014 September 13, 2019
10:04

Alberta’s new target benefit regime

Alberta is moving forward with sweeping pension reforms in the new Employment Pension Plans Act and regulations, which come into effect on Sept. 1, 2014.…

By: Jana Steele
August 20, 2014 September 13, 2019
10:56

Reform needed for retirement systems

Pension and retirement systems need to reformed rapidily at a global level to meet demographic challenges, according to a report from EY.

By: Staff
August 14, 2014 September 13, 2019
11:27

Pension and benefits service provider agreements: Some practical thoughts

All too often, employers and plan administrators may sign an agreement without sufficient review and negotiation. Sometimes, they may enter into a service relationship without…

By: Mark Firman
August 13, 2014 September 13, 2019
10:39

Pension column: Focusing on decumulation

An emerging focus on the payout phase could mean a greater fiduciary role for DC plan sponsors

By: Paul W. Litner and Jonathan Marin
August 11, 2014 September 13, 2019
07:00

The future of workplace pensions

Without question, workplace pension plans, particularly the traditional DB plan, serve many important purposes in modern society. Employer planning and retention considerations, employee retirement security…

By: Terra Klinck and Natasha Monkman
August 6, 2014 September 13, 2019
09:46

New Brunswick makes amendments to Pension Benefits Act

The Government of New Brunswick reconvened the legislative assembly to make amendments to the Pension Benefits Act that will enable retirees under the Fraser Papers’…

By: Staff
July 30, 2014 September 13, 2019
11:06