Canadian pension plans' health declines in first quarter: Reuters
The financial health of Canadian pension funds declined in the first quarter of 2016, affected by volatile currency markets, weakness in equity markets and lower bond yields, Reuters reported, citing a report by consultancy Aon. The quarterly survey of 449 Aon-Hewitt-administered Canadian pension funds, which measures the plans' assets over liabilities to calculate their solvency-funded ratio, showed overall pension solvency dropped by 4.5 percentage points through the quarter.
1 April 2016•1 min read
