Latest news in Governance/legislation

Quebec MNAs vote to increase pension contributions

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

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?

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

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 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

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

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 and plan governance

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

Federal government releases proposed PBSR amendments

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…

Alberta Legislature prorogued, pension reform bills die

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

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

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

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’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

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

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

Pension column: Focusing on decumulation

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

The future of workplace pensions

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…

New Brunswick makes amendments to Pension Benefits Act

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
Amendments to Ontario’s PBA become law

Amendments to Ontario’s PBA become law

Ontario's budget received royal assent last week and that means plans to create the Ontario Retirement Pension Plan will go ahead.

  • By: Staff
  • July 28, 2014 September 13, 2019
  • 11:35
Should B.C. have its own pension plan?

Should B.C. have its own pension plan?

Ontario has been pushing the federal government and other provinces to expand the Canada Pension Plan (CPP) as a way of dealing with, in its…

  • July 24, 2014 September 13, 2019
  • 11:04
Alberta cabinet passes pension regulation

Alberta cabinet passes pension regulation

On Tuesday, Alberta's Employment Pension Plans Regulation was passed by cabinet.

  • By: Staff
  • July 24, 2014 September 13, 2019
  • 10:33
Ontario reintroduces ORPP in budget

Ontario reintroduces ORPP in budget

The Government of Ontario has reintroduced its budget that includes the proposed Ontario Retirement Pension Plan.

  • By: Staff
  • July 15, 2014 September 13, 2019
  • 11:25
Unifor welcomes Navistar pension ruling

Unifor welcomes Navistar pension ruling

Unifor says a ruling by the Ontario Financial Services Tribunal on a long-standing pension dispute at Navistar not only upholds a previous decision on the…

  • By: Staff
  • July 15, 2014 September 13, 2019
  • 11:22
Why Canada needs just one pension regulator

Why Canada needs just one pension regulator

How many regulators does it take to ensure that Canadian employment pensions are prudently funded and properly administered? Answer: 11—one to actually regulate pensions and…

  • July 11, 2014 September 13, 2019
  • 09:00