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Tell It All: Ontario Ruling Calls On Pension Administrators To Communicate Proposed Pension Changes To Plans
Following a recent Ontario Superior Court decision, pension administrators contemplating modifications to their plans may be obligated to inform plan members of such possible changes before they are implemented.
Canada
20 Oct 2004
2
MONSANTO: Supreme Court Ruling Presents Another Challenge for Pension Plan Administrators
On July 29, 2004, the Supreme Court of Canada released its decision in Monsanto Canada Inc. v. Ontario (Superintendent of Financial Service). The decision creates an obligation for employers who have partially wound-up their defined benefit pension plans to distribute a proportional share of actuarial surplus in the plan as at the partial wind up date. This represents a significant shift in the timing of surplus distribution in Canada. Before the Monsanto case, no court&nbs
Canada
8 Sep 2004
3
Grappling With Governance: The CAPSA Pension Plan Governance Guidelines
Today it seems wherever you turn you find governance as a topical issue. A few short years ago, governance was a subject confined to the discussions of academics and theorists. Today, the headlines are crowded with stories based on governance, or more correctly, the failure of governance systems. The Enron spectacle and the avalanche of corporate scandals that followed have guaranteed that governance is not merely a "flavour of the month" fascination, destined to become a footnote in t
Canada
30 Mar 2004
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