Pension planning refresher for accountants, professionals & companies

Pension concerns are a top of mind issue as baby boomers, business owners, and employees near retirement. In many cases employers offer retirement programs, but are not aware of their fiduciary obligations, and potential liability, as a retirement plan sponsor.

The Canadian federal and provincial governments are also pursuing pension reforms which will likely result in more businesses having to provide pension programs.

What are the fiduciary responsibilities and requirements of the sponsor (and employee) if a pension plan is introduced? What are things to watch out for in introducing a Capital Accumulation Plan (CAPs) - the pension program of choice for most sponsors? What are the governance requirements and process in sponsoring a pension program?

This pension refresher seminar will review the key governance issues related to defined benefit plans, defined contribution plans, RRSPs, and TFSAs (Capital Accumulation Accounts ? CAPs).

The following topics will be covered, highlighting key issues regarding governance, funding and investments:

* Governance Framework
* Effective Governance
* Defined Benefit plans
* Capital Accumulation Plans (CAPs)

This seminar will beneficial to employers who are thinking about adding a pension program or, sponsors or administrators who already have a plan in place and also to people who are member of a pension plan through their employer.

Hosted by the Certified Management Accountants of BC's Vancouver chapter.