The SCC Clarifies a Corporation's Employer/Pension Plan Administrator Fiduciary Duties in Sun Indalex Finance, LLC v United Steelworkers
On 01 February 2013 the Supreme Court of Canada (SCC) released Sun Indalex Finance, LLC v United Steelworkers (2013 SCC 6), a landmark decision that clarifies the fiduciary duties of corporations who serve the dual role of employer and employee pension plan administrator. While the SCC splits on the exact content of the fiduciary duty, […]