Superannuation trustees should disclose taxation implications to members seeking to make any form of early withdrawal.
This issue links to media releases, reports and cases relating to superannuation, funds management & financial services.
ASIC & APRA - updated frequently asked questions about superannuation regulatory issues arising from COVID-19.
The newsletter includes links to recent media releases relating to superannuation, funds management & financial services.
This newsletter links to media releases and reports relating to Superannuation, Funds Management & Financial Services.
The C Trust (the Trust) was established in 1965 for the benefit of the Family. The Trust's terms provided that the protector held the power to appoint trustees.
Following our alert of March 2020, providing an update about the amendments to the National Pension Scheme, we further update on amendments passed in Bermuda's House of Assembly on Friday 8 May 2020
Crowe MacKay LLP
The required minimum withdrawals from Registered Retirement Income Funds (RRIFs) have been reduced by 25% for 2020. This will provide flexibility to seniors that are concerned that they may be required to liquidate their RRIF assets ...
Although not all businesses will need government assistance, every business should be aware of the programs on offer and the expected status of those programs going forward.
Lawson Lundell LLP
On April 30, 2020, WorkSafeBC announced it is moving forward with adding COVID-19 to the list of diseases for which there is a presumption of it being work-related.
Gardiner Roberts LLP
The COVID-19 health emergency continues to cause the Ontario government to modernize legislation and to bring it into conformity with our technological world.
The Pensions Regulator (the Regulator) provided new and welcome guidance on both 9 and 17 April for employers, trustees and providers in relation to the challenging current circumstances
Blake, Cassels & Graydon LLP
Welcome to the 27th issue of the Blakes Pensions, Benefits & Executive Compensation Newsletter. This newsletter provides a summary of recent jurisprudential developments that affect pensions and benefits.
On April 25, 2020, the government of Ontario announced a temporary four dollar per hour pay raise for front line workers.
OSFI, FSRA, AMF, BCFSA, FINTRAC and Financial Action Task Force adjust regulations and guidance for banks, credit unions, financial intermediaries and other market participants.
Dr. K. Chrysostomides & Co LLC
Companies the operations of which were mandatorily suspended, pursuant to the pertinent Decisions of the Council of Ministers and decrees of the Minister of Health, including inter alia...
As a part of the ‘Atmanirbhar Bharat Package', the Government of India has announced a reduction in provident fund contribution rates for a period of 3 months.
Section 53 of the Insolvency and Bankruptcy Code, 2016 ("IBC") provides for the order of priority in which the proceeds from the sale of liquidation assets is to be distributed.
We have previously outlined some pensions implications for employers and trustees as a result of the outbreak of COVID-19 in our briefing available here.
Very few pension schemes have sufficiently sophisticated risk management systems in place to deal with the economic and social disruption caused by COVID-19.