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Large pensions have the assets, liquidity and structure to deal with downturn

Front view of the Parliament building in Ottawa, late winter, early spring

Finance's relief measures for pension plans come in response to the Covid-19 pandemic

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Mark Wiseman, former head of the CPPIB, takes over on July 1

  • By: IE Staff
  • June 22, 2020 June 22, 2020
  • 15:13
Business paperwork, stats, numbers, graphs on desk with computer and pen

Market and economic shock caused by Covid-19 pandemic results in solvency deterioration

Financial protection for the future, nest egg, retirement savings

Finance provides a moratorium on solvency payments for 2020

man with calculator

Net assets totalled $409.6 billion for the fiscal year ended March 31

Couple getting financial retirement advice from consultant at home

Ontarians may tap into pensions and locked-in accounts in several ways

Financial stock exchange market display screen board on the street

Canadian defined-benefit pension plans experienced their steepest drop since 2008

Close-up Of Businesswoman Stopping The Effect Of Domino With Hand

FSRA has issued new guidance to help pension plan sponsors and administrators navigate Covid-19

A see through piggy bank with money coins

Current challenges facing large pension funds are generally viewed as temporary