Evolving pension landscape: Risk to Regulation

Join us in Ottawa for this breakfast session on the evolving pension landscape!

Date: February 25, 2016
Time: 8:00 AM to 10:30 AM

Schedule

8:00 to 8:30: Breakfast
8:30 to 9:15: Session 1
15 minute break
9:30 to 10: 15: Session 2

  Session 1 - Benoit Hudon presents: Market developments in pension risk transfer

Description

With a global shift towards de-risking pension plans, many pension plan sponsors are reluctant to purchase annuities in such a low interest rate environment. What else can be done as a measure to transfer risk? Join the CPBI Ottawa Chapter for an inside look at Canada’s largest and most complex pension risk transfer transaction of its kind, representing a groundbreaking effort in the Canadian de-risking space on a number of fronts. The presentation will take a look at how plan sponsors can transfer the mortality risk of their pensioners, while retaining economic risks.  With rising life expectancy becoming an ever-growing issue, perhaps longevity insurance might be just the solution many plan sponsors are looking for.

Speaker

Benoit Hudon is the Canadian Retirement Innovation Leader and Eastern Canada Retirement Leader for Mercer.  Benoit has extensive experience consulting to national and international clients on retirement issues. Throughout his career, Benoit has contributed extensively to the development of pension risk management models and consulting solutions. More recently, Benoit acted as the lead advisor on the first pension longevity insurance transaction concluded outside of the United Kingdom, a $5 billion longevity swap between Bell Canada and Sun Life.

Session 2 - Pension legislative update simplified: what you need to know for 2016

Description

Are you up to date with the most recent changes to Canadian pension laws? Are you ready for 2016? Join the CPBI Ottawa Chapter for a pension update that highlights significant pension law developments across Canada. This session will break down the changes that became law in 2015 and their impact on compliance requirements and best practices for 2016.  The emphasis of this presentation is the impact of recent legislative changes on pension plans regulated under Ontario and federal pension laws.

Speaker

Gabrielle Fortier-Cofsky is an associate lawyer at the Hicks Morley’s Ottawa office. She practices in all areas of labour and employment law, where she provides advice and representation to employers in the public and private sectors on a wide range of issues such as labour disputes, grievance arbitration, human rights and accommodation. She is also a member of the firm’s Pension, Benefits and Executive Compensation group, where she provides advice regarding private and public sector pension plans in both the provincial and federal sectors.