Latest news in Governance/legislation

Kerry’s legacy

The ramifications of the recent Supreme Court decision regarding Elaine Nolan et al. v. Kerry (Canada) Inc., (known as the Kerry case) was the subject…

  • By: Jody White
  • August 27, 2009 September 13, 2019
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Untying the regulatory pension knot

National single-employer pension plans are at a very fragile juncture, and the current patchwork of pension legislation discourages organizations from providing pension coverage in multiple…

  • By: Jody White
  • August 26, 2009 September 13, 2019
  • 00:00

Why we should care about Kerry

On August 7, the Supreme Court of Canada released its long-awaited decision in the Elaine Nolan et al. v. Kerry (Canada) Inc., better known as…

Following Kerry? Watch your language

Employers planning to shift staff from a defined benefit (DB) pension to a defined contribution (DC) plan need to keep a careful eye on the…

Kerry decision a relief to plan sponsors

The first voices of what is sure to be a torrent of discussion on the Supreme Court of Canada’s ruling on Elaine Nolan et al.…

  • By: Jody White
  • August 7, 2009 September 13, 2019
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FTSE 100 pensions post record deficit

Despite the recent lift in equity markets, the financial crisis has plunged FTSE 100 companies U.K. pension plan into a £96 billion deficit, more than…

  • By: Jody White
  • August 5, 2009 September 13, 2019
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Tight Squeeze

Tight Squeeze August 01, 2009 | Alyssa Hodder Employers today are facing more than just the usual pension and benefits issues. Cost control isn’t optional—for…

Back to the drawing board

For employers struggling in this economic uncertainty, the desire to make changes to their employee retirement income arrangements will be strong if the changes will…

Risks and Rebounds

HOOPP fared well during the downturn. To what do you attribute this? I attribute it to a change in focus when we moved to a…

Split Decisions

In the case of a marriage breakdown, some separating spouses must share accrued pension benefits to divide family property equitably. However, the options for how…

Call to Order

The pension committee plays an integral role in the administration and management of a pension plan. In today’s uncertain economic environment, pension plan risks and…

Manitoba releases proposed pension regulations

Manitoba has released proposed amendments to the Pension Benefits Regulations that result from changes made to the Pension Benefits Act in 2005 through Bill 10,…

  • By: Jody White
  • July 31, 2009 September 13, 2019
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Defining “employer”

Often so-called single-employer pension plans will have multiple related employers participating in the pension plan. There has been legal uncertainty in the past regarding whether…

HST a dark horse for plan sponsors

Determining the net effect harmonised sales taxes (HST) will have on pension plans and pension plan sponsors is still a bit of a crystal ball-gazing…

Pension coalition takes aim at stock-based compensation

A coalition of Canadian institutional investors is quietly leaning on the country’s big banks to move away from the use of stock-based compensation. Stephen Griggs…

  • By: Jody White
  • July 16, 2009 September 13, 2019
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Maximizing the value of solvency funding relief

In June 2009, the Ontario Government amended the Regulation to the Pension Benefits Act (Ontario), or PBA, providing most defined benefit pension plan sponsors with…

Increase retirement age: report

The solution to Canada’s workforce conundrum requires some fresh thought and tough choices, according to the C.D. Howe Institute. Some of the suggestions contained in…

  • By: Jody White
  • July 3, 2009 September 13, 2019
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Demystifying the deemed trust

  Careful observers of the Canadian pension scene may have noticed that when the federal government issued the final version of its new solvency funding…

Hard Lessons

How to address pension plan funding and insolvent plan sponsors in a time of crisis.   The financial results of 2008 are hitting pension fund…

Perfecting the process

How an internal audit can help your organization manage pension risks and improve its procedures.   In this turbulent economic climate, any reference to pension…

Time to raise the retirement age

Over the past several months, news headlines have been filled with the troubles pension funds have found themselves in. Indeed, there are a multitude of…

Ensuring maximum interpretive flexibility: a case study

The Manitoba Court of Appeal has outlined important principles of contractual interpretation with relation to pension plans, along with guidance on how possibly to avoid…

  • By: Jody White
  • June 29, 2009 September 13, 2019
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Demographics affect benefits options

A recent Mercer study on flexible benefits plans in the U.K. has found that preferred benefits options vary according to characteristics including age, gender and…

  • By: Staff
  • June 29, 2009 September 13, 2019
  • 00:00

Rightsizing may be the wrong option

Keeping costs at a minimum in this turbulent economy is top of mind for employers. At the recent Managing the Workplace During an Economic Downturn…

Canadian employers balance human capital, business costs

While Canadian employers move aggressively to contain costs and manage risk, they are also making a concerted effort to minimize the impact on employees, a…

  • By: Jody White
  • June 22, 2009 September 13, 2019
  • 00:00