Risk-free rates of return will remain below their historical levels, report says, amid lower economic growth rates
Former plan members gain greater access to locked-in retirement accounts
Accompanying weakness in the Canadian dollar relative to the U.S. dollar and the euro pushed down the declines further
Profits from the sale of securities rise 14.9%
The drop of 1.6% in the most recent quarter represents the largest decline since Q3 2011, when these plans dropped by 5.5%
However, the pension coverage rate declined as the national population grew
Higher bond yields increase solvency funded ratio for Q2, but volatility and new risks weigh on outlook
Rising long-term interest rates drove the increase while asset returns were fairly low because of sputtering equity markets
Foreign investments account for one-third of total pension fund investments
Regulations harmonized with requirements in other jurisdictions across Canada