Jordan Fremont on Pension Legislation in 2020

December 20, 2019

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Jordan Fremont comments in Benefits Canada on what pension legislation is expected to come in 2020. Jordan says the "pension solvency issue and the legislation on target benefits and shared-risk plans are key subjects of ongoing reform."

He says that unregulated retirement plans are also a subject of concern. “[The Canadian Association of Pension Supervisory Authorities] and the industry give people who have theses types of plans some guidance, but it’s just advice with no teeth and no enforcement mechanism. Because these plans serve a broad swath of the population, ranging from small to large employers, we might see more pressure for legislative and regulatory guidance from groups like CAPSA."

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