Fund aimed at defined benefit pension plan sponsors
Funds have earned a year-to-date return of 5.5%
Ongoing market and regulatory changes pose a challenge
2008 effective date should allow companies time to prepare
Waning Canadian and global equity markets slows growth in Q1
One-time option to unlock up to 50% of locked-in contributions after exiting an eligible pension plan
First negative quarter in over three years
LDI product seen as a proxy for real return bonds
But some changes are suggested to improve the way the plan operates
Fast growing asset pool way be too much for governments to ignore: report