March 25, 2013
It is suddenly cool to be a pension lawyer.
"When you told someone you were a pension lawyer, you were the most popular person in the room for people over 50 and people under 50 would try to dodge you," said Mitch Frazer, chair of the pensions and employment practice at Torys.
"Suddenly it’s a topic of interest for a much wider group of people," added Frazer, who is listed at Band 2 for pensions in the Chambers Global 2013 guide. “If you would’ve said pre-2008 that you would have seen a federal election campaign where the word ‘pensions’ was uttered in the context of the top list of people’s promises, it would have been incredibly shocking.”
This is the greatest time of challenge because so much is happening and there is so much change. Our pension funds are global players — how do we deal with the regulatory hurdles in Canada? How do we deal with all of the changes that are coming through in legislation?” Mr. Frazer said.
“My hope is that in five years from now, we’re going to see much more consistency and a much more effective use of pensions. Hopefully, there will be more people who have pensions, or are more conscious about retirement.”
Read the full article here.