Federal pension forum draws packed house,
More than 100 people crowded into a downtown meeting room Friday to tell a federal panel how the country's pension plan system should be reformed and protected.
The Harper government temporarily eased pension plan solvency requirements for federally regulated industries earlier this year as a result of the steep market declines that drastically reduced the worth of pension plans.
If we over-regulate (pensions), companies will not start new plans," Menzies said, adding the business world can't be saddled with restrictive regulations that make it impossible for them to be successful. "Without viable companies, we will not have viable pension plans."
"CAN"T BE SADDLED WITH RESTRICTIVE REGULATIONS" - bullcrap!
More than 100 people crowded into a downtown meeting room Friday to tell a federal panel how the country's pension plan system should be reformed and protected.
The Harper government temporarily eased pension plan solvency requirements for federally regulated industries earlier this year as a result of the steep market declines that drastically reduced the worth of pension plans.
If we over-regulate (pensions), companies will not start new plans," Menzies said, adding the business world can't be saddled with restrictive regulations that make it impossible for them to be successful. "Without viable companies, we will not have viable pension plans."
"CAN"T BE SADDLED WITH RESTRICTIVE REGULATIONS" - bullcrap!
