FTR Now Written by Natasha Monkman Mentioned in Benefits and Pensions Monitor on the Next Wave of Pension Reform
An FTR Now written by Hicks Morley’s Natasha Monkman was mentioned in the November 21, 2017 Benefits and Pensions Monitor Daily News Alert. The alert summarizes the FTR Now titled “Ontario’s Next Wave of Pension Reform“, which discusses new legislation (Bill 177, the Stronger, Fairer Ontario Act (Budget Measures), 2017) that will, if passed, change the retirement framework in Ontario – including the rules around pension plan administration, governance and funding. The alert focuses on the summary of the proposed introduction of a liability discharge for pension plan administrators that de-risk their pension plans through buy-out annuity purchases.