Over the summer, the CFP has been busy! Our team has been working on a number of initiatives to continue our mission to raise awareness on pension plan security and regulations.
First, CFP members have been preparing for a Pension Advocacy Initiative Day on Oct 17th at Queens Park, to get together with MPPs from all over Ontario to brief and inform members on Pension issues and impacts on Pensioners due to current and potential regulations.
Stay tuned, as we will provide an update as we prepare for this very important event.
We’ve also been continuing our advocacy efforts with pension regulators.
Bob Farmer, President of the CFP, noted “It’s important to remain engaged with the regulators as they consider changes to the Pension frameworks both in Ontario and Canada. We continue to offer the perspective of our members to protect existing pension entitlements and to strengthen protections for pension plans when their sponsors get into trouble”.
Over the summer months, CFP has provided input to both the Ontario government and FSCO on proposed Pension Solvency changes as well as responding to CAPSA.
Please drop a note to email@example.com if you’d like a copy of those notes.