New group fights for better governance of pensions

Common Front for Retirement Security formed
By
|hrreporter.com|Last Updated: 10/11/2007

The Common Front for Retirement Security (CFRS) has been created from 14 organizations across Canada that include CARP, Canada’s Association for the Fifty Plus, the Investor Protection Association and the Royal Canadian Legion.

The CFRS succeeds the Common Front for Pension Splitting and said in a release it will continue “to safeguard the hard-won legislation that allows married and equivalent spouse to split pension income starting in 2007.”

CFRS advocates better governance of pensions, investments and retirement savings and supports a single, national securities commission and demands for more detailed disclosure of executive perks and compensation, better policing of financial markets and protection for whistle-blowers.