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- Title
Financial Services Tribunal: Trust Agreements Subject to Registration Regime Under PBA.
- Authors
Godkewitsch, Clio
- Abstract
The article discusses the court case Residential Painting Contractors Association v. Superintendent of Financial Services et al wherein the Financial Services Tribunal of Ontario denied the administrator's motion, holding that the term pension plan should be given a wide interpretation based on the Pension Benefits Act (PBA). Drafting insufficiencies in the PBA is reportedly underscored in the decision in this case. Also, the PBA does not define the documents that create and support a pension plan or pension fund. Facts of the case are also provided.
- Subjects
ONTARIO; ACTIONS &; defenses (Law); DEFINED benefit pension plans; PENSION laws; LEGISLATIVE bills
- Publication
Canadian Benefits & Compensation Digest, 2010, Vol 28, Issue 3, p7
- ISSN
1552-4744
- Publication type
Article