Articles 2022

PBGF changes, Member Disclosure, FSCO Guidance on Excess Contributions, Benefit Improvements, and the Meaning of a “Closed Plan”, JSPP Amendments, Proposed FSRA Budget and Priorities and Follow-up on FRSA Consultation on Fees and Assessments, CAPSA Guidelines Released.

Ontario Bill 57, Administrative Penalties Guideline, Draft RPP Newsletter and Federal Consultations on BIA and CCAA Reform

In 2015 CBIA/Lawyers Financial, a not-for-profit association governed by and for lawyers, set up a Task Force to develop a predictable, sustainable and cost-efficient pension plan for law firms. That Task Force recommended a plan that will provide lifetime retirement income that will be 30% to 50% greater than the income that can be provided under the typical defined contribution or group RRSP arrangement. The proposed plan is expected to be launched in 2020.

FSCO draft surplus policies, FSRA proposed fees and assessments, FSCO Form 7 targeted review findings, CAPSA guidance and more...

Can automatic features in DC pension plans close the retirement savings gap? In response to the disappointing level of employee participation in retirement savings plans, auto features in plans have gained increasing popularity in the United States, but the approach has not yet caught on as broadly in Canada.

FSCO guidance on contribution holidays and PBGF assessments, revised FSCO guidance on permitted asset transfers, revised FSCO 4.1 waiver of survivor's benefit (LIRA, LIF, LRIF), FSCO's 2017 report on the funding of defined benefit pension plans, draft changes to CAPSA Guideline No. 8 and more...

The 2018 Ontario budget bill passes and funding reform regulations are filed.

Final funding regulations for single employer plans, proposed funding rules for target benefit multi-employer pension plans, pay transparency legislation, and proposed changes to certain CPP benefits...

FSCO's new targeted review, Quarterly Update, and Pension Assessments, a new case about limitation periods and pension claims, and more...

Proposed changes to the PBGF, CAPSA Remittance of Contribution Notification Checklist, CAPSA Governance Self-Assessment Questionnaire, and the Court orders 50% of a spousal pre-retirement death benefit be paid to the estate and assigned to an adult dependent child.