Date: Apr 4, 2018
Topic: From HWTs to ELHTs: The End of Health and Welfare Trusts?
Presenters: Cameron Hunter and Ellen Whelan
Webcast held in partnership with The Multi-Employer Benefit Plan Council of Canada (MEBCO).
The federal budget has proposed the end of health and welfare trusts (HWTs) and will no longer apply their administrative positions to HWTs after the end of 2020. Trusts that do not convert to employee life and health trusts (ELHTs), or windup, will be subject to normal income tax rules for trusts.
This webcast will review rules associated with ELHTs and detail how they differ from HWTs. In addition, we will focus on what plan sponsors and trustees should be thinking about and how best to prepare for these changes. Are there compliance and legal issues to consider? Learn about the advantages of ELHTs. A comparison of the issues raised upon the issuance of Income Tax Folio S2-F1-C1 to the ELHT rules will provide further insight. Hear both single employer and multi-employer perspectives.
Consultation on the transition will be open until June 29. The government will then draft legislative proposals and transitional guidance. This Webcast will discuss issues to consider for consultation.
Benefits and Pension Summit
Date: Apr 17, 2018
Topic: Panel: A discussion on the 2017 CAP Member Survey results
Presenter: Jill Taylor Smith
Benefits Canada’s 2017 CAP Member Survey highlights decumulation as a major concern for employers. The survey revealed that, regulations permitting, 61 per cent of plan sponsors would likely allow their members to leave their assets within their plans post-retirement. However, 69 per cent of employers believe that employees are on their own once they retire or leave the organization. What can be done to ensure employees are better prepared for retirement financially? Another concern brought to light through the survey is that employees tend to believe they are ready for retirement, but plan sponsors disagree. Where does this disconnect stem from? This expert panel will explore in-plan solutions on decumulation as well as how to effectively communicate options and consequences to plan members. Panelists: Jill Taylor Smith (Eckler Ltd), Matthew Streeter (Franklin Templeton Investments), and Bita Jenab (Retirement Works).
CPBI Saskatchewan 2018 Regional Conference
Date: Apr 17-19, 2018
Topic: A Perfect Match: The Right Target Date Fund for Your Plan
Presenter: Zaheed Jiwani
Target Date Funds (TDFs) are the core investment vehicle for the majority of plans and plan members in Canada. But with an increasing variety of TDFs available, how should a plan sponsor make sure they have the right one? This presentation will dispel some common myths around TDFs and give plan sponsors a better understanding of the most important factors to consider.
IFEBP Canadian Legal and Legislative Update
Date: May 16-17, 2018
Topic: Is 70 the New 65? Canada’s Aging Workforce and the Evolution of “Retirement”
Presenter: Ellen Whelan
Canada’s workforce is going grey. There are many forces such as the aging of our
population and increased longevity that are causing people to delay retirement until later
ages, and often retirement still involves gainful employment. This shift is creating an
extensive review of the public/private spending on income and health care coverage as
well as the legal and legislative environment that encompasses the employer/employee
relationship. This session looks at post-age 65 issues relating to phased retirement, CPP
contributions, health care benefits, disability coverage and emerging discrimination cases.
Eckler's Ellen Whelan will co-present with Sunil Gurmukh, Counsel, Legal Services and Inquiries, Ontario Human Rights
Commission, Toronto, Ontario.