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Morneau Shepell, the HR consulting and pension management firm founded by Finance Minister Bill Morneau‘s father, has been appointed to take over administrative responsibilities for the Sears Registered Retirement Plan.

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The Ontario Superintendent of Financial Services chose Morneau Shepell through “a competitive tendering process,” it said on Tuesday in a statement.

The firm will take over the administration of the plan, “effective immediately,” the document reads.

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The assets in the Sears plan are kept separate from the company’s assets and cannot be accessed by the retailer’s creditors.

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The Sears Canada pension plan has members across multiple provinces but is registered and regulated in Ontario because the plurality of its plan members are employed in the province. As a result, the Financial Services Commission of Ontario (FSCO) regulates the plan.

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The finance minister served as the executive chair of Morneau Shepell until October 2015, when he was elected in the riding of Toronto Centre.