Canada Pension Plan unit to join KKR merchant banking venture
Customized liability driven investment (LDI) products available for small to midsized pension funds
Economic factors barely contributed to the improved financial position of Canadian DB plans
Current DC plan members must work longer, contribute more, or be satisfied with less income than earlier retirees
Financing will allow firm to pursue growth
Pension giant says its not structured to manage third party assets
Public sector pension pooling could create a new asset manager with over $50 billion in AUM
While pensions showed improvement in Q3, low interest rates and uncertain equities markets still pose challenges
New legislation intended to make it easier for employers to establish pension plans
Plans buoyed by positive performance across asset classes