Canada's pension score improved slightly from last year but its ranking dropped to 13th, a report says
Turmoil in global equity markets, weakness in bonds, drives asset drop
Ontario municipal workers’ pension fund had 6% net investment gain for year ending June 30
The median solvency ratio decreased slightly after eight straight quarterly improvements
Many other funds struggled amid tumultuous global markets
Average Canadian defined-benefit plan tracked by Northern Trust contracted 8.8% in Q2
CPP Investments ranked first, with three Canadian funds among the global top five
Recommendations are outlined in a new report
A better coverage ratio in 2020 was due partly to fewer workers during the pandemic
The median solvency ratio among DB plans increased to 109% in Q2, Mercer says