Jan. 27, 2009 Pension Review Panel releases its final report regarding private sector pension plans. March 5, 2010 Nova Scotia Government releases discussion paper on pensions based on recommendations made by the Pension Review Panel. Nov. 15, 2011 Bill 96, Pension Benefits Act, is released, repealing the existing Nova Scotia Pension Benefits Act and replacing […]
Oct. 28, 2010 New Brunswick government announces appointment of an expert panel to study pensions. Aug. 8, 2011 New Brunswick Task Force on Protecting Pensions releases a briefing note outlining its plan to examine the pension risk management practices and regulatory structures adopted by other jurisdictions and review submissions “that promote and protect pension coverage.” […]
March 30, 2010 Manitoba Pension Benefits Amendment Act receives Royal Assent. Amendments to the Manitoba Pension Benefits Act (MPBA) effective March 31, 2010:portability must be offered on termination of plan membership; and enhanced disclosure requirements. Amendments to the MPBA effective May 31, 2010: immediate vesting; new surplus distribution rules; requirement for plan to be administered […]
Nov. 21, 2008 Ontario Expert Commission on Pensions releases its final report. May 18, 2010 Bill 236, Pension Benefits Amendment Act, 2010, receives Royal Assent. Amendments to the Ontario Pension Benefits Act (OPBA) effective May 18, 2010: changes to surplus entitlement and withdrawal rules. Amendments to the OPBA effective on a date to be proclaimed: […]
With the federal government introducing pooled registered pension plans (PRPPs), the future of pensions is top of mind for plan sponsors and providers. We asked these five experts from a range of stakeholder groups to share their views on pension issues and the direction that future reform should take: Eric Filion, vice-president, product development and […]
The Honourable Ted Menzies, Minister of State (Finance), today spoke at a C.D. Howe Institute roundtable in Toronto on how the introduction of Pooled Registered Pension Plans (PRPPs) will bridge gaps in Canada’s retirement income system.
Canada’s new pooled registered pension plan (PRPP) legislation has been on a roller coaster of support and criticism over the past year—and it hasn’t even come into force yet.
Canadian small business owners are enthusiastic to adopt the new Pooled Registered Pension Plans (PRPPs), according to a poll of more than 800 companies by the Canadian Life and Health Insurance Association (CLHIA).
Manulife Financial is the latest organization to speak out in favour of Canada’s proposed pooled registered pension plan (PRPP) legislation.
The Canadian Federation of Independent Business (CFIB) has expressed its support for Canada’s new pooled registered pension plan (PRPP) legislation—and requested the government not support an increase to Canada Pension Plan premiums.