The Financial Services Commission of Ontario has issued guidelines to the pension industry on the implications of the Supreme Court of Canada decision in the Monsanto Canada Inc. case.That decision, released July 29, confirmed that the Ontario Pension Benefits Act requires the distribution of pension plan surplus on both full and partial wind-up of a […]
SNC Insurance, Stop ‘N’ Cash 100
Regulator to focus on “market-conduct” regulation
42 investigations overall in first quarter 2004
Aim is to reduce risk plan members will not receive benefits promised
Focus is on pension giant's investment in Borealis Capital Corp.
National harmony, more risk-based regulation, regulatory reforms, and improved service. Those are things the Financial Services Commission of Ontario would like to see in the year ahead.The paper listing FSCO’s priorities for the coming year makes no mention of the proposed merger with the Ontario Securities Commission, although FSCO does pledge to pursue a coordinated […]
Province considering minimum proficiency standards
Changes effective May 1
Victims duped in to paying insurance premiums