While it may have gotten lost in the run-up to holiday season, the Order in Council passed on December 18, 2020 to suspend the application of the PfAD to B.C.’s roughly 40 target benefit plans …
New B.C. Defined Benefit Funding Rules and Single Employer Target Benefit Plans
Last week the B.C. government announced new defined benefit (DB) plan funding rules that take effect December 31, 2019. Some might say that these changes have been long overdue given that the past regime’s heavy …
Supreme Court Reaches Decision in ICBA Case
On July 3, 2018, the Supreme Court of British Columbia completed its judicial review of a prior decision by the Information and Privacy Commissioner of B.C. to release certain information to the Independent Contractors and …
Greg Heise Celebrates 25 Year Industry Anniversary
Today marks 25 years working in the Vancouver pension and investment industry, which is probably good cause for a little reflection. Starting down this road many years ago, I could not have imagined how much …
Making Sense of the Proposed Enhancements to the Canada Pension Plan
Every province except Quebec agreed in principle to a deal on June 20, 2016 that will eventually improve the Canada Pension Plan. The deal is still subject to final approval. The proposed changes target low …
George & Bell Consulting Congratulates Harry Satanove on Retirement
On May 16th, George & Bell Consulting hosted a party to celebrate the retirement and many career accomplishments of Harry Satanove. After almost 35 years in the actuarial business, Harry has decided it’s time to …
Should you Turn your Plan into a TBP? Join me at PBLI’s Conference for my Presentation
I will be speaking at Pacific Business & Law Institute’s Essential Tasks of Pension and Benefit Plan Trustees on February 24th. The conference assembles leading experts to educate Plan trustees on their legal duties including …
CPP Enhancement: Launch of George & Bell Calculator
Today we have launched our Enhanced CPP Calculator, www.cppenhancement.ca which projects the additional benefits and contributions under two of the most popular CPP enhancement proposals. Our goal with this tool is to help Canadians form their …
Better off Bigger?
With apologies to the 1985 John Cusack film “Better Off Dead”, this past week’s announced “merger of equals” between Willis Group and Towers Watson brings to mind a question I have been thinking about a …