News & Events
Ontario brings in Administrative Monetary Penalties for Breaches of the Pension Benefits Act
October 4, 2017
The regulatory environment applicable to pension plan administrators will shift in 2018, with the Superintendent of Financial Services gaining the power to impose monetary penalties for breaches of the Pension Benefits Act (“PBA”). On January 1 new provisions of the PBA come into force, which, along with a new Regulation on Administrative Penalties, create a
Practice Area
Pension and Benefits
