Canada’s defined benefit pension plans saw average losses of 5.5 per cent in the first quarter of 2022, according to a new report by RBC Investor and Treasury Services. During the quarter, DB plans saw their largest overall contraction of worth since the first quarter of 2020. In a press release, Niki Zaphiratos, managing director of […]
The median Canadian defined benefit pension plan experienced a pullback in investment returns during the first quarter of 2022, returning negative 6.4 per cent as markets entered a heightened period of uncertainty, according to a new report by Northern Trust Canada. The report, which tracks the performance of Canadian DB plans that subscribe to Northern […]
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database increased five percentage points in the first quarter of 2022, according to a new report by the consultancy. The report, which assessed the performance of 464 pension plans, found as at March 31, 2022, the plans’ average solvency ratio reached 108 per […]
The funded position of a typical defined benefit pension plan decreased on a solvency basis but increased on an accounting basis in January, according to LifeWorks Inc.’s latest monthly report. During the first month of the year, the solvency index, which provides an indication of changes in the solvency funding level of the average pension […]
The median return of Canadian defined benefit pension plans was 4.11 per cent for the fourth quarter of 2021, the seventh consecutive positive quarterly return following the initial reaction to the coronavirus pandemic in the first quarter of 2020. BNY Mellon Asset Management Canada Ltd.’s master trust universe, which comprises 84 Canadian corporate, public and […]
The strong performance of domestic equites in the last months of 2021 helped Canadian defined benefit pension plans secure median annual returns of 8.9 per cent, according to a new report by RBC Investor and Treasury Services. During the year, Canadian DB plans performed best during the second and fourth quarters, with median asset growth […]
The median Canadian defined benefit pension plan generated returns of 3.8 per cent in the final quarter of 2021, according to a new report by Northern Trust Corp. The strong performance was driven by a rebound in equity markets during a quarter marred by escalating energy prices and uncertainty about central bank policies. Over the year, […]
The average Canadian defined benefit pension plan saw improvements on a solvency and accountancy basis in December, according to LifeWorks Inc.’s latest monthly report. It found the average plan saw its solvency index rise to a new high of 112.1 per cent, up from 110.4 per cent at the end of November. Its balance sheet […]
The average solvency ratio of Canadian defined benefit pension plans in Mercer’s database grew by seven per cent in 2021, according to a new report by the consultancy. The report, which looked at the overall performance of more than 500 Canadian DB plans in 2021, found, at the end of the year, the plans’ average […]
The average Canadian defined benefit pension plan saw its funding position deteriorate slightly on both a solvency and accounting basis in November, according to a new report by LifeWorks Inc. According to the report, the index covering the estimated average DB plan saw its solvency ratio dip, from 111.5 per cent to 110.8 per cent. […]