Pensions Governance/legislation Page 66

Latest news in Governance/legislation

Bill C-9: Seeing change

It has been more than 20 years since the last significant rewrite of pension legislation in Canada. Now, following a transparent process involving expert commissions,…

  • By: Paul Litner
  • July 16, 2010 September 13, 2019
  • 00:00

New actuarial standards on the way

The Actuarial Standards Board approved broad and significant revisions to the Standards of Practice covering the valuation of pension plans on June 3, 2010, and…

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

Are you ready for Bill 236?

The original version of this article contained incomplete information that may have caused confusion for some readers. The article has been updated and Benefits Canada…

Private Member’s Bill proposes to increase retirement savings coverage

Private member bills rarely become law. However Ontario Bill 54, An Act respecting retirement savings plans for employees and for self employed persons, 2010 has…

  • By: Dan Clark
  • July 8, 2010 September 13, 2019
  • 00:00

Retirement programs need to prepare for the HST party

Birdie, birdie in the sky, Drop some HST into my eye, Me oh me, me oh my, Boy I’m glad that cows don’t fly! Many…

  • By: Greg Hurst
  • July 7, 2010 September 13, 2019
  • 00:00

Is an enhanced CPP good for private pensions?

  Canadian federal and provincial finance ministers met in Charlottetown in June 2010 and moved a few steps closer to reaching agreement on the expansion…

Federal private pension rules amended

Last week the federal government unveiled three amendments to regulations covering federally regulated private pension plans aimed at providing increased protection for plan members and…

  • By: Jody White
  • June 28, 2010 September 13, 2019
  • 00:00

Baby boomer steps

Since Jan. 1, 2008, the Income Tax Act (ITA) has allowed the payment of a pension to a plan member who continues to accrue pension…

Let’s talk

Since I stepped into the editor’s role at Benefits Canada in April, I have been immersed in many compelling discussions, ranging from pension reform to…

  • By: Alison Wood
  • June 25, 2010 September 13, 2019
  • 00:00

Top 100 pension funds report: Northward bound

A year ago, pension plan sponsors were reporting significant losses. In fact, total pension assets for Benefits Canada’s 2009 Top 100 Pension Funds report fell…

Update from Quebec: changing the rules

Update from Quebec: changing the rules June 16, 2010 | Luc Villiard Much has changed for defined benefit (DB) plan sponsors in Quebec over the…

Ottawa, Ontario unite on pension reform

After what seemed like an eternity of consultations, town hall meetings and white papers, Federal Finance Minister Jim Flaherty and Ontario Finance Minister Dwight Duncan…

  • By: Jody White
  • June 11, 2010 September 13, 2019
  • 00:00

A not-so-full recovery

Over the past couple of years, the world’s stock markets have experienced a steep decline followed by a dramatic recovery. Although the Canadian stock market…

Pension law changes and your Ontario registered pension plan

There has been a flurry of activity in the pension regulatory world over the past several months. This article will set out some of the…

Closing the pension gap

Closing the pension gap May 25, 2010 | Peter Drake In early May, I had the privilege of being a panelist at a conference held…

An age-old story

Since the market meltdown of 2008, pension plans have a renewed focus on managing investment risk. However, few plans can afford to lose sight of…

Immediate vesting imminent in Ontario

Bill 236, the Pension Benefits Amendment Act, 2010, received Royal Assent on May 18, 2010, and is important to all Ontario plan sponsors, according to…

  • By: Jody White
  • May 21, 2010 September 13, 2019
  • 00:00

Pension chiefs call for political action on retirement reform

An open letter from a group of Canada’s leading pension organizations is calling on the country’s finance ministers to create a federal-provincial task force to…

  • By: Jody White
  • May 20, 2010 September 13, 2019
  • 00:00

Pre-emptive strike launched against national securities regulator

Alberta and Quebec have joined forces in a broadside against the formation of a national securities regulator. In a blistering 44-page missive, Fraser Milner &…

  • By: Jody White
  • May 20, 2010 September 13, 2019
  • 00:00

Ask the Expert: Malcolm Hamilton

What needs to change to make the Canadian retirement system sustainable? Our system is like the Titanic: big, slow to turn and vulnerable to large…

Leech calls for pension system update

The failure of pension plan legislation and design to keep up with the times is hurting the ability of Canadians to prepare for retirement, according…

  • By: Jody White
  • May 12, 2010 September 13, 2019
  • 00:00

IFIC weighs in on retirement debate

The Investment Funds Institute of Canada (IFIC) is urging the federal government to consider the full spectrum of retirement assets in its efforts toward reform…

  • By: Jody White
  • May 4, 2010 September 13, 2019
  • 00:00

Quebec report – a new decade in Quebec pension law

In Quebec, the end of the last decade was marked by the convergence of two major pension law initiatives. The first one, the remnants of…

All for one

In recent years, the costs of post-retirement benefits have been a growing concern for corporations. According to a 2008 Mercer survey, one-third of respondents had…

Canadian pension reform: the survey says…

The financial events of 2008 and early 2009 will have a long-lasting effect on the myriad stakeholders of employer-sponsored pension plans. Many plan sponsors are…