StatsCan reports that these pension funds rose by 1.8%, up from a 1.3% decline in Q1, thanks to higher investment income and better contributions
Pension risk transfer agreements have become more popular as continuously improving life expectancy threatens the long-term financial viability of many pension plans
Some advisors forecast a range of outcomes for clients with private-sector DB plans, ranging through full benefits to partial reduction of benefits to a complete collapse of the plan
RBC report finds that DB pension fund investment managers, who saw positive results from Canadian and global equities, consistently beat their benchmarks in Q3
A positive move for Canada’s retirement system is the recent promise to expand the Canada Pension Plan, which wasn’t taken into account in the Mercer/ACFS ranking
She replaces Wayne Kozun, who has decided to leave the organization
However, many sponsors of DB pension plans will be faced with higher pension contributions in 2017 and beyond
Pension fund revenue drops by 35.8% to $33.5 billion
Focus is on small businesses’ pensions
Canadian equity managers posted the highest median return, followed by Canadian bond managers and foreign equity managers, in Morneau Shepell’s latest study