The solvency position of most Canadian pension plans declined sharply in the second quarter of 2012
The province plans to introduce a legislation that would pool the investment management functions of smaller public pensions
Advisors urged to focus on helping clients manage lifetime income
Goal is to encourage wider private-sector pension coverage
Aggressive discount rates do not reflect the current low interest rate environment
Bonds were the underperformers in the first quarter
Government begins consultations on new legislative framework
Scams often target those who are in financial distress
A typical pension fund earned an average return of 3.6% in Q1, says Aon Hewitt
Average annual return of 20% is expected to make up for losses in downtrodden markets