Ratansi: court clarifies treatment of employees who are transferred as part of transaction *

Canada - March 6 2013
The Ontario Divisional Court's recent judgment in Ontario Pension Board v. Ratansi has overturned an earlier decision of the Financial Services…

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Ontario pension reforms come into force *

Canada - July 18 2012
As of July 1, 2012, a number of amendments to the Ontario Pension Benefits Act (PBA) and related amendments to the general regulation under the PBA were proclaimed in force.

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Ontario releases long-awaited draft pension regulations *

Canada - April 30 2012
Almost two years after passing its initial amendments to the Ontario Pension Benefits Act (the PBA) in Bill 236 and Bill 120, the Ontario government has released the first round of regulations required to implement its pension reform agenda.

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Ontario Budget: implications for private and public sector pensions *

Canada - March 28 2012
The Ontario government’s 2012 Budget, released yesterday, includes a number of announcements which will be of interest to administrators of both private and public sector pension plans.

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Ontario Court of Appeal reminds those communicating with plan members of fiduciary duties *

Canada - May 3 2011
Another recent decision of the Ontario Court of Appeal, in Ault v. Canada, has continued the trend in jurisprudence to hold plan administrators and others who are responsible for communicating with pension plan members to a very high fiduciary standard, including a legal duty to disclose accurate information about the implications of any elections made by members.

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