As the federal Conservative Party finally introduced its election platform last week, it included a number of provisions around pension plan solvency and retirement security.
If elected, the party said it will mandate that all federally regulated companies report on the solvency of their pension funds. “This will give seniors the confidence that their hard-earned pensions are being well-managed and will alert them if their pension funds are being mishandled,” it noted.
Read: Federal election platforms include health-care, pension policy proposals It’s also pledging to allow underfunded pension plans transfer to another, more successful pension plan. And to penalize executives […]
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