February 10, 2016
Recent amendments to federal and provincial pension plan governance in Canada underscore the need for business leaders and plan administrators to understand their obligations. Partner and chair of Torys’ Pensions and Employment Practice Mitch Frazer provided comment in a Benefits Canada report looking at recent developments in pension plan governance. Below is an excerpt of the article.
Governance is important, said Mitch Frazer, partner and chair of the Pensions and Employment Practice with Torys LLP, because it ensures the plan is compliant with common law, relevant statutes and industry best practices—and shows there’s accountability in administering the plan.
To read the full article, click here.