In 2012, building on his experience over three decades practising corporate and pension law with three major Canadian law firms, David Vincent established Canadian Benefits Law, a boutique law firm which advises a select group of Canadian and multinational corporations, pension plan administrators and other plan fiduciaries and law firms on all aspects of Canadian pension, retirement savings and benefits matters. Specialty areas of practice include:

  • pension fund investment, including private equity and other alternative investments
  • mergers, acquisitions, divestitures and other reorganizations
  • group Registered Retirement Savings Plans (group RRSP), Deferred Profit Sharing Plans (DPSP) and Pooled Registered Pension Plans (PRPP)
  • ongoing pension plan administration
  • pension plan wind-up and partial wind-up
  • surplus withdrawal and contribution holidays
  • insolvency issues
  • Ontario Pension Benefits Guarantee Fund
  • supplementary executive retirement plans (SERP) and Retirement Compensation Arrangements (RCA)
  • non-pension employee benefits and post-retirement benefits

Education

  • Called to the Bar of Ontario, 1981
  • LL.B., Osgoode Hall Law School, 1979
  • University of Toronto, Victoria College, undergraduate, 1974-1976

Mandates

Current client list is confidential and consists of a select group of Fortune 500 and TSX 60 companies and major Canadian non-profit and University sector pension administrators. Canadian Benefits Law also provides specialized pension and benefits law advice to several leading Canadian and U.S. law firms. References available on request.

Selected past insolvency mandates:

  • Nortel Networks Limited as pension and benefit counsel regarding its CCAA proceedings – Canada’s largest pension insolvency
  • The Board of Directors of Air Canada on pension issues relating to CCAA proceedings
  • advised the Ontario Government regarding Pension Benefits Guarantee Fund (PBGF) issues arising on the insolvency of Algoma Steel Inc., Canada's largest pension insolvency before Nortel

Speaking

Recent speaking engagements:

  • "Pension Reform" (instructor), Osgoode Certificate in Pension Law, Toronto, March 6, 2012
  • "Pensions: Going from DB to DC", Canada LERN conference, October 6, 2011
  • "Re Indalex Limited, 2011 ONCA 265" (panellist), Osgoode Hall Law School CLE Critical Case Update, Toronto, June 15, 2011
  • "Ontario Pension Reform: What You Need to Know and Do to Bring Your Plan into Compliance with New Pension Law Changes," Bongarde Media Co. Webinar, Toronto, March 31, 2011
  • "Pensions in Corporate Transactions and Restructuring" (instructor), Osgoode Certificate in Pension Law, Toronto, February 22, 2011
  • "Legislative Reform: Managing Pension Plans in Light of Extensive Legal Changes," The Canadian Institute's 12th Annual Advanced Forum on Pension Reform, Litigation and Governance, Toronto, January 25-26, 2011
  • "Benefit Security" (moderator), 2010 Pension Fund Invitational Forum, Northwind Professional Institute, Cambridge, Ontario, November 17, 2010

Leadership

  • appointed by the Ontario Government to be a member of the Pension Reform Advisory Council. This Council was established by the Ontario Minister of Finance to advise the Ontario Government on its current pension reform initiatives
  • served a three-year term as a member of Ontario’s Financial Services Tribunal, an administrative tribunal which reviews decisions of Ontario's Superintendent of Pensions
  • former adjunct professor of pension law at the Faculty of Law, University of Western Ontario
  • past Chair of the Legal Advisory Committee of the Pension Commission of Ontario
  • former instructor of Corporate and Commercial Law at the Ontario Bar Admission Course
  • Member of American Bar Association Tax Section Subcommittee on Multinational Benefits and Compensation Issues