Latest news in Governance/legislation

Why the CPP can weather the storm

Despite the global recession and major decline in financial markets, the Canada Pension Plan is on a solid footing, says the chief actuary of Human…

  • By: Jody White
  • September 16, 2009 September 13, 2019
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OSFI gets high marks

A recent survey conducted by the Office of the Superintendent for Financial Institutions (OSFI) has found the regulator enjoys relatively high status in the minds…

  • By: Jody White
  • September 15, 2009 September 13, 2019
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Former Nortel workers call for amendment to BIA

A petition has been organized by a former Nortel employee seeking change in Canada’s bankruptcy laws. Melanie Johannink, who was dismissed by Nortel earlier this…

  • By: Jody White
  • September 14, 2009 September 13, 2019
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Trustees, employers guarding against insolvency risk

Employers and trustees in the U.K. are heeding the advice of The Pensions Regulator, according to Mercer. The consultant’s annual SFO Valuations Survey of 257…

  • By: Jody White
  • September 9, 2009 September 13, 2019
  • 00:00

Discriminating Views

In many respects, a pension plan represents the archetype of age discrimination. By its very definition, a pension plan consists of contractual and trust arrangements…

Another Piece of the Puzzle

Now more than ever, Canadians—especially the baby boomers and others who are nearing retirement—are concerned about their financial prospects. Weathering the worst financial crisis since…

  • By: Ian Dale
  • September 1, 2009 September 13, 2019
  • 00:00

Leaving a Legacy

Pension planning these days often involves managing the past as well as the future. Pension plans are inherently long-term creations, and the promises of our…

Best-laid Succession Plans

It has been proclaimed that our aging population will be of great concern for many employers because Canada will experience a significant talent and labour…

Table for Two

Across the country, the position of employers in the process of bargaining a new collective agreement is remarkably similar: they’re seeking concessions on pensions. The…

Hide and Seek

Following a pension plan windup, a plan administrator may soon find itself in a game of hide and seek. The administrator may be holding funds…

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
  • 00:00

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…

  • By: Steven Lamb
  • August 10, 2009 September 13, 2019
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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
  • 00:00

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
  • 00:00

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…

  • By: Jana Steele
  • July 23, 2009 September 13, 2019
  • 00:00

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
  • 00:00