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Inside Internal Controls

News and discussion on implementing risk management

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ontario pension reform

Discharge for annuity buy-outs in Ontario: It’s finally here!

Ontario’s long-awaited changes to provide for statutory discharges on the purchase of buy-out annuities are finally in force. The buy-out annuity is a popular risk management mechanism in many jurisdictions, such as the UK and the U.S.

 

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Pension reforms are coming to Ontario (and Canada, too)

But who’s going to explain them to you? Or maybe more importantly, who’s going to explain whether the changes mean anything to you?

 

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