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ARTICLE · 25 JANUARY 2013

FSCO Updates Family Law Forms

Osler, Hoskin & Harcourt LLP
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The Financial Services Commission of Ontario has posted revised family law forms which plan administrators, plan members and their spouses/former spouses must use when plan members or their spouses are seeking a valuation and division of pension assets on marriage breakdown.

CanadaEmployment and HR
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP
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The Financial Services Commission of Ontario (FSCO) has posted revised family law forms which plan administrators, plan members and their spouses/former spouses must use when plan members or their spouses are seeking a valuation and division of pension assets on marriage breakdown.

Plan members and/or their spouses/former spouses must use these new forms immediately when communicating with the plan administrator, as they came into force effective January 1, 2013. Plan administrators, however, may continue to use the 2012 forms – specifically, Forms 4A, 4B, 4C, 4D, 4E and 1A – until June 30, 2013. FSCO has provided this six-month transition period to allow plan administrators who may have pre-populated 2012 forms to update their systems.

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