Measures aimed at enhancing protection for plan member, reduce funding volatility for DB plans
Reforms could include allowing funds to carry a greater surplus
Funding levels improve thanks to investment gains and higher discount rates
Proportion of plan members in DB plans has declined from 86% to 77% over the last 10 years
Year-to-date results rise 14.3%
Mercer launches new global pension index
Typical balanced portfolio would have returned 6.4%
The objective of the proposals is to ensure the security of future retirement incomes
Canadians not saving enough for retirement
Low leverage, superior liquidity positions and strong sponsorship support credit ratings