FSCO Targeted Review of Form 7

Starting January 1, 2018, FSCO has announced that they will be targeting the Form 7 process to ensure that the Form 7 is being administered properly. 
A targeted review is now underway to focus on whether: 

  • Administrators are completing Form 7 correctly; and
  • Pension fund trustees are reporting non-remittances and/or variances.

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