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BCLI welcomes pension division reforms
The BC Law Institute is pleased to note the introduction of Bill 17 in the legislative assembly. This bill amends part 6 of the Family Law Act, implementing BCLI’s recommendations to reform pension division for separating spouses. When it is enacted, the bill’s amendments will provide a host of improvements to BC’s comprehensive legislation on pension division. These improvements include clarifying and modernizing the law on locked-in retirement accounts and life income funds; private annuities; Read more…