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Canada's federal government announced it intends to remove the "30 percent rule" for investments by domestic pension funds in Canadian entities.

Yesterday the Ontario Deputy Superintendent of Pensions released a formal statement that included the comment: "these are interesting times in the pension sector."

The Pension Benefits Amendment Act, effective October 1, 2021, introduces some measures to provide greater flexibility to members and their spouses or common law partners that are helpful, ...

Almost four years after the Joint Expert Panel on Pension Standards (JEPPS) submitted its final report with recommendations to fundamentally reform Alberta and British Columbia’s pension systems, the Alberta government has introduced Bill 10, Employment Pension Plans Act.

The Financial Services Regulatory Authority of Ontario (FSRA) has published its final Guidance on Pension Plan Amendments effective June 4, 2024 (Amendment Guidance).

Plan fiduciaries and ERISA litigators got a few surprises in a recent United States Supreme Court decision on whether participants can be awarded benefits promised to them in plan communications, but not in the plan document.

The British Columbia Supreme Court’s recent decision in Jarman v. Jarman raises important jurisdictional issues for administrators of supplemental retirement plans (SRPs).

In Part I of this series, we considered issues related to setting up a solvency reserve account (SRA) for an Alberta (and eventually British Columbia) defined benefit plan, SRA withdrawals and multi-jurisdictional plans.

The Supreme Court of Canada has granted leave to the DCA Employees Pension Committee to appeal the Ontario Court of Appeal decision in Kerry.

The U.S. Supreme Court declined to take a case challenging whether private equity funds could be liable for pension liabilities of their portfolio companies.

In a recent interim decision, the Human Rights Tribunal of Ontario declined to dismiss an application on the grounds that the substance of the application was dealt with via an ESA decision rendered on the same facts.

In a recent interim decision, the Human Rights Tribunal of Ontario declined to dismiss an application on the grounds that the substance of the application was dealt with via an ESA decision rendered on the same facts.

The Ontario Court of Appeal has ruled that a pension plan administrator who uses its own form of joint and survivor spousal benefit waiver does so at its peril, if subsequently challenged by the spouse.

Our Doing business in Canada publication is a general overview of the principal corporate, tax and other legal considerations that would be of interest to foreign businesses wishing to establish or acquire a business in Canada.

Two 2013 decisions of the Ontario Superior Court may indicate a trend towards higher notice periods in light of an aging workforce.

Deadline Extensions And CBMEP Solvency Moratorium

A recent report of U.S. Department of Labor (DOL) audit results contained some surprising statistics: almost 3 out of 4 audits find violations of the Employee Retirement Income Security Act of 1974 (ERISA) and the average cost for a plan to correct them, including fines and penalties, is $450,000.