The Conference Board of Canada’s 2006 Survey on Pension Risk, in collaboration with Watson Wyatt Worldwide, found that 80% of CFOs believe there is a widespread crisis, up from 59% two years earlier.
Sixty-one percent believe there is a widespread problem that will continue for the next few years, up from 43% in 2005 and 20% in 2004.
Vice-presidents of human resources share CFOs’ opinions on the existence of a Canadian pension crisis, with two-thirds saying there is a widespread and long-lasting problem.
The survey was completed by 198 respondents from 187 organizations.
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