A typical balanced portfolio would have returned 3.9%
Pension systems around the world must become more resilient, says pension expert
Managers bullish on equities
Pension health index down 1% on the year
Firm committed to the full range of consulting for all Canadian clients, including public sector plans
Stronger loonie trims higher returns earned by foreign equities
Managers predict double-digit returns for Canadian equities
Many Canadians ignored by the current pension system
Despite improvement more than half of pension plans in Canada remain less than 80% funded on a solvency basis
Pension plans also see reduced solvency liabilities stemming from a drop in federal bond prices