With an aging workforce comes
an increased concern  on the part of employees for retirement income security.
At the same time  companies are placing a heightened corporate focus on the
proper management and  costs of their pension and benefit plans.
The
pension and benefits  lawyers  at Bennett Jones are members of the firm's
employment services group  and provide  strategic advice to employers and other
benefit plan  administrators, managers  and trustees. We advise on all aspects
of the design,  establishment,  administration and investment of registered and
non-registered  pension plans,  deferred profit sharing plans, registered
retirement savings  plans and other  types of deferred compensation plans. We
are also experienced  in the full range  of group benefit plans and equity-based
compensation plans.  In addition, our  lawyers conduct due diligence and advise
on pension and  benefits issues in the  context of corporate mergers,
acquisitions and  divestitures, as well as  restructurings and insolvencies.
Companies and  their boards benefit from  our experience in pension plan
governance matters,  from advice on fiduciary  duties to the implementation of
appropriate governance  structures.  We also  provide ongoing advice to the
pension committees  established by such boards.
Our advice to employers
involves issues of  plan administration and  interpretation and regulatory and
investment  compliance. We regularly draft and  conduct reviews of plan
documents and  benefit plan communications, as well as  negotiate funding,
investment  management and other service agreements. Our work  for plan sponsors
includes  advising on the use of surplus funds or assets, the  payment of
expenses, the  ability to amend or merge plans, and plan terminations  and
wind-ups. We also  assist employers in ensuring that benefit plans comply  with
the requirements of  taxation, human rights, privacy and employment  standards
legislation.  In the  labour relations arena, we advise employers on  dealing
with benefit plans in  the unionized context.
Together with other  members
of Bennett Jones'  employment services group, our pension and benefits  lawyers
deal with a wide  range of issues in relation to dealing with benefit  plans and
entitlements in  employment agreements, executive contracts, employment
terminations, corporate  downsizings, and employee outsourcings. In conjunction
with lawyers in other  practice areas of the firm, our team advises on
structuring investments for  registered pension plans and in pension-related
litigation.