Pensions and Benefits Law Blog

New enforcement regime changes risk profile for pension plans

Administrative monetary penalties (“AMPs”) are coming to the regulated pensions sector in Ontario.  The recently published...

Court rejects U.S. pension claim in Canadian CCAA proceeding

In a precedent-setting decision, Justice Fitzpatrick of the British Columbia Supreme Court held that a U.S. multi-employer pension plan’s claim...

Ontario budget 2017: Changes for DC plans and possible relief for plan administrators who cannot locate plan members

In the Ontario budget released on April 27, 2017, the government indicated that it will be taking steps to address the regulatory framework related...

Plan administrators cannot “undo” negligent representation

Good employee communication is at the forefront of good pension plan governance. As fiduciaries, plan administrators are required to communicate with...

Pensions and Marriage Breakdown: The “Double Dipping” Dilemma

“Double dipping” or “double recovery” refers to a situation where, on marriage breakdown, one spouse’s pension is taken...

Bill C-27 to add annuity purchase provisions to the PBSA

On October 19, 2016, Bill C-27 was introduced in the House of Commons.  The big news from the introduction was that Bill C-27, if passed, would...

When Class Members Oppose A Class Settlement: B.C. Court Approves Settlement Despite Objections Of Certain Class Members

In Jones v. Zimmer GMBH, 2016 BCSC 1847, Justice Bowden of the B.C. Supreme Court recently approved settlement of a class action despite the...

Target Benefit Plans Soon to be Available for Federally Regulated Employers

The federal government announced yesterday proposed changes to the federal Pension Benefits Standards Act, 1985  (the “PBSA”) to...

CPP Enhancement is Coming

On October 6, 2016 the government introduced Bill C-26, which sets out amendments to enhance the Canada Pension Plan.  This follows the recent...

Data Breach: Hackers are the “Real Villains” & Minimal Harm to the Class

In a recent development in data breach class actions in Canada, Justice Perell of the Ontario Superior Court of Justice, while approving the class...