Goal is to encourage wider private-sector pension coverage
Aggressive discount rates do not reflect the current low interest rate environment
Bonds were the underperformers in the first quarter
Government begins consultations on new legislative framework
Scams often target those who are in financial distress
A typical pension fund earned an average return of 3.6% in Q1, says Aon Hewitt
Average annual return of 20% is expected to make up for losses in downtrodden markets
A typical balanced portfolio would have returned 3.9%
Quebec wants to bring the VRSP into force in 2013
Employer and employee pension fund contributions fell 13.8%