Large pensions have the assets, liquidity and structure to deal with downturn
Finance's relief measures for pension plans come in response to the Covid-19 pandemic
Mark Wiseman, former head of the CPPIB, takes over on July 1
Market and economic shock caused by Covid-19 pandemic results in solvency deterioration
Finance provides a moratorium on solvency payments for 2020
Net assets totalled $409.6 billion for the fiscal year ended March 31
Ontarians may tap into pensions and locked-in accounts in several ways
Canadian defined-benefit pension plans experienced their steepest drop since 2008
FSRA has issued new guidance to help pension plan sponsors and administrators navigate Covid-19
Current challenges facing large pension funds are generally viewed as temporary