200 Morneau Shepell clients who sponsor pension plans took part in a 60-second survey.
Having employers, employees contribute 2 per cent of annual pay also popular option
A survey shows that an expanded Canada/Quebec Pension Plan (C/QPP) is considered to be the best way to improve Canada’s retirement income system.
We might be on the verge of a major development in pension reform, since we have witnessed several events over the last few months focusing on improvements for our retirement income system.
On February 12th, the Office of the Superintendent of Financial Institutions (OSFI) hosted its annual pension forum in Toronto to discuss issues and initiatives affecting federally regulated pension plans.
On December 14, 2012, the federal Pooled Registered Pension Plans Act (the “PRPP Act”) and the accompanying regulations (the “PRPP Regulations”) came into force.