• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • EN | FR
Background Image
Bennett Jones Logo
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Capital Projects Energy Funds & Finance Mining View all
Advisory
Crisis & Risk Management ESG Strategy and Solutions Governmental Affairs & Public Policy
View Client Work
International Experience
Insights News Events Subscribe
Quarterly M&A Insights Quarterly Fintech Insights New Energy Economy Series ESG & the CIO
Arbitration Angle Business Law Talks Podcast Economic Outlook Class Actions: Looking Forward
People
Practices
Industries
Advisory Services
Client Work
About
Offices
News
Careers
Insights
Law Students
Events
Search
Alumni
Payments
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

Jordan Fremont in Benefits Canada on FSRAs Safe Harbour

October 08, 2019

Jordan Fremont comments in Benefits Canada on how the Financial Services Regulatory Authority is giving late-filing pension plans a “one-time” opportunity to avoid administrative monetary penalties.

Jordan Fremont, a partner and pensions lawyer at Bennett Jones LLP, says the principles-based approach is particularly apt to late filings. “There are always people who fail to fulfill their obligations,” he says. “But many do so largely through inadvertence.”

. . . 

The regulator also emphasized that administrative monetary penalties will continue to be only part of the principles-based approach. “FSRA will also utilize other means to achieve the desired regulatory outcomes, namely ensuring that plans meet their filing requirements and demonstrate good administration and plan governance,” it noted.

With that being said, resort to AMPs should increase after Oct. 31. “Having given late filers an opportunity to avoid sanctions with the safe harbour, I see the FSRA stepping up enforcement and imposing more AMPs,” says Fremont.

Key Contact

  • Jordan N. Fremont Jordan N. Fremont, Partner

Landmark Indigenous Energy Infrastructure Equity Partnership in Alberta

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • Pensions & Benefits

Recent Posts

Articles

Banking and Finance 2023: A Chambers Global Practice Guide Publication

November 27, 2023
       

Articles

ESG 2023: A Chambers Global Practice Guide Publication

November 27, 2023
       

Announcements

Ashley White and Sabrina A. Bandali Honoured As 2023 Lexpert Rising Stars

November 24, 2023
       

Articles

Winning Strategies for Litigating Before Canadian Courts

November 24, 2023
       

Announcements

Bennett Jones is Top in Lexpert's Top 10 Business Decisions of 2022-2023

November 23, 2023
       

Client Work

TransAlta To Acquire Heartland Generation From Energy Capital Partners For $658 Million

November 22, 2023
       

In The News

What To Expect In Canada's Fall Economic Update

November 21, 2023
       

Speaking Engagements

Reputation is Everything: A Spotlight on ESG Developments

November 17, 2023
       

Articles

Bennett Jones on Tax Disputes - November 2023

November 16, 2023
       
Bennett Jones Centennial Footer
Bennett Jones Centennial Footer
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
  • History
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2023. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones