Deron Waldock

Partner, Toronto

McCarthy Tetrault  

Deron Waldock is a partner in our National Pensions, Benefits & Executive Compensation Group in Toronto. His practice relates exclusively to pensions, benefits and compensation plans and their related investment arrangements. He advises both private and public sector clients on the legal and regulatory aspects of pension and employee benefits plans including: governance, fiduciary responsibilities, plan administration and compliance, pension fund investment, pension committees, plan wind up, surplus strategies, and the negotiation and drafting of plan and trust documents. His clients include universities, municipal bodies, governmental agencies, multinational corporations and jointly-trusteed and multi-employer pension plans.

Deron deals extensively with pension and benefits issues arising in corporate mergers, acquisitions and reorganizations, and has advised on many large Canadian and international transactions. Deron regularly advises on pension litigation matters, and has appeared before the Financial Services Tribunal in Ontario as well as made submissions to federal and provincial regulators on various pension compliance and surplus matters.

 ATTEND TO UNDERSTAND:

• the link between rising interest rates and DB Plan surplus
• what we mean when we say surplus is "trapped"
• that there are a variety of available surplus strategies each with a different risk profile and time horizon
• that too much money can be a bad thing (at least from apension perspective) if it results in the plan being saddled with a “trapped” surplus.