Pensions Governance/legislation Page 65

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One for All

In June, the nation’s finance ministers convened in Charlottetown to set the direction for pension reform. Hopes were high that consensus on a pan-Canadian approach…

  • By: Chris Brown
  • November 1, 2010 September 13, 2019
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Draft GST/HST rebate for pension entities notice published

Yesterday the Canada Revenue Agency (CRA) released a draft of the GST/HST Rebate for Pension Entities Notice (notice No. 257). Notice 257 is a dense…

  • By: Greg Hurst
  • October 14, 2010 September 13, 2019
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New reforms affect high earners

New reforms affect high earners

 The latest round of pension reforms in Britain will reduce the amount of tax relief allowed on pension contributions for high income earners. The amount…

  • By: Staff
  • October 14, 2010 September 13, 2019
  • 00:00

Supreme Court upholds HBC pension ruling

 Early on October 7, The Supreme Court of Canada released its decision in the case of Burke v. Hudson’s Bay Company (HBC), on the issues…

Aging population creates $2.8 trillion fiscal crunch

Canada’s aging and unhealthy population is about to create a significant liability totalling about $2.8 trillion for all levels of government, according to a new…

Feds scale back EI hikes, table economic bill

  The federal government has announced it will scale back previously announced increases to Employment Insurance (EI) premiums, after intense pressure from unions and businesses.…

  • By: Steven Lamb
  • September 30, 2010 September 13, 2019
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Canada should look abroad for pension reform: IRPP

  The solutions to Canada’s pension woes could be found by looking at recent reforms in Norway, Sweden, New Zealand, and the United Kingdom, this…

Pension reform needs a boost

The joint federal-provincial pension reform process is moving too slowly and should include a national forum of regulators and stakeholders, according to a study released…

  • By: Staff
  • September 23, 2010 September 13, 2019
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Pension legal landscape requires due diligence

The November 2009 release of the Canadian Association of Pension Supervisory Authorities’ (CAPSA) consultation paper called The Prudence Standard and the Roles of the Plan…

With the dust settling on the “pension crisis,” has reform gone far enough?

Ask the Expert: Jack Mintz Jack Mintz – Palmer Chair in Public Policy, School of Public Policy, University of Calgary Mintz recently chaired the Alberta…

  • By: Jack Mintz
  • September 23, 2010 September 13, 2019
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Plan sponsors must do their level best

Recordkeepers need to consider governance for defined contribution (DC) plans at three levels: fund, portfolio and platform, said Nick Iarocci, vice-president, investment program, with the…

  • By: Brooke Smith
  • September 22, 2010 September 13, 2019
  • 00:00

Breaking down Ontario pension reform

Right on the heels of the Pension Benefits Amendment Act, the Ontario government is moving forward with the next phase of its strategy to enhance…

  • By: Philip Morse
  • September 21, 2010 September 13, 2019
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CPP upgrades hit snag

Continued opposition from Alberta is threatening to derail plans to improve the Canada Pension Plan (CPP) by the fall, as federal Finance Minister Jim Flaherty…

U.S. pension plans falling behind

Trouble is brewing with many U.S. pension plans. Corporate pension plans are falling behind on payouts to retirees in the midst of a slowing economy…

Two-tier taxation plans causing headaches

It is becoming abundantly clear that there are two different tiers of taxation applied to registered pension plans (RPPs). “Trusteed pension plans are facing significant…

  • By: John Powell
  • September 10, 2010 September 13, 2019
  • 00:00

Tax law tune-up

 On the afternoon of the last Friday in August, the federal Department of Finance quietly released 221 dense pages of draft income tax legislation. Because…

Pension innovation

Pension reform in Canada took an important step forward in June. The outcome of the finance ministers’ meeting in Charlottetown that month is a clear…

  • By: Tom Reid
  • September 2, 2010 September 13, 2019
  • 00:00

U.S. leads the way on employee ROI

U.S. organizations have proven more adept than those in other nations in realizing profit from their staff in the volatile post-crisis economic environment, according to…

  • By: Jody White
  • August 27, 2010 September 13, 2019
  • 00:00

Consultants report: On the mark

What we’ve got here is failure to communicate.” Paul Newman in the film Cool Hand Luke didn’t enjoy hearing this, and plan sponsors don’t enjoy…

Making change

Our industry is ripe for change. Take what’s been happening with drug reform. Alberta kicked off the action in April by introducing the Alberta Pharmaceutical…

  • By: Alison Wood
  • August 16, 2010 September 13, 2019
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GST/HST to impact pension, benefit plans

Morneau Sobeco’s latest News and Views bulletin explains the possible effects of proposed changes to Excise Tax Act. The firm says the draft legislation will…

  • By: Jody White
  • August 10, 2010 September 13, 2019
  • 00:00

U.S. accounting practices impair risk management

The GAAP (generally accepted accounting principles) used for U.S. corporate pension earnings is not only detrimental to a plan’s long-term risk management efforts but also…

  • By: Jody White
  • August 3, 2010 September 13, 2019
  • 00:00

Global engagement levels sinking

Despite fears of a double dip recession and wobbly sovereign debt, the global economy is slowly improving. Global employee engagement, however, is not. A report…

  • By: Jody White
  • July 30, 2010 September 13, 2019
  • 00:00

How the HST will affect your pension plan

After the introduction of the Harmonized Sales Tax (HST) on July 1st in Ontario and British Columbia, both investment management fees (IMFs) and monthly per…

  • By: Staff
  • July 21, 2010 September 13, 2019
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Key notes: an inside look at the first annual Benefits & Pension Summit

With reforms in the pension industry and prescription drug and pharmacy regulations making headlines this spring, the timing couldn’t have been more perfect for the…