On April 15, 2020, the federal government announced that, effective immediately, it is providing temporary relief to sponsors of federally regulated defined benefit (DB) pension plans, in light of the pandemic’s negative effect on the economy and the resulting financial constraints faced by many sponsors. For the remainder of 2020, there will be a moratorium…
Tag: Defined Benefit
Natasha Monkman featured in Benefits and Pensions Monitor
Benefits and Pensions Monitor featured Hicks Morley’s Natasha Monkman in their September 26, 2014 Daily News Alerts. The article features Natasha’s recent presentation at the Canadian Pension & Benefits Institute’s Atlantic regional annual conference, and summarizes her presenation as follows: “Fees, selection of default funds, and imprudent selection of investments are the leading causes of legal action in the U.S….
Benefits Canada Publishes an Article by Natasha Monkman
An article co-authored by Hicks Morley’s Natasha Monkman was published in the August 6, 2014 edition of Benefits Canada. Many employers are concerned with the volatile funding of defined benefit pension plans. On the other hand, there is concern that defined contribution pension plans will not provide adequate retirement income for employees. The article entitled, “The future of workplace…
Rachel Arbour Interviewed by the Canadian Bar Association’s National TV
Hicks Morley’s Rachel Arbour was recently interviewed by the Canadian Bar Association’s National TV. In the interview, Rachel answers questions regarding the Indalex ruling and explains what it means to companies that sponsor and administer defined benefit pension plans. Watch the interview. Read our FTR Now which summarizes the Supreme Court’s decision in Indalex.