Gareth Gibbins, VP, Pension Legal, OMERS Administration Corporation
Lawrence Ritchie, Partner, Osler, Hoskin, Harcourt, LLP
Pension law reform has continued unabated for the majority of the last decade. The latest significant proposed reforms will affect the manner in which those laws are regulated and enforced.
On the heels of the final report of the panel appointed to review the mandates of the Financial Services Commission of Ontario, Financial Services Tribunal, and the Deposit Insurance Corporation of Ontario, which recommended the creation of a new, independent regulatory entity, the Ontario government has taken steps to bring such an entity into being. In November 2016, the Ontario government passed the Financial Services Regulatory Authority of Ontario Act, 2016, which will, once in force, establish the Financial Services Regulatory Authority (“FSRA”).
The very face of pension regulation in Ontario is changing. And with it, so is the manner in which pension law is enforced.
This webinar features a discussion, by Lawrence Ritchie, a member of the review panel, of the consideration undertaken by the panel in making its recommendations to the Ontario government. In addition, Gareth Gibbons will discuss what these changes may mean for pension plan stakeholders and the further details stakeholders should be waiting for in the months to come.
This session is a “must” for pension plan sponsors, administrators and service providers, in order to stay on top of these significant changes as they are introduced and implemented.