Earlier this month, The Globe And Mail reported that Canadian pension plans”keep booming” and are getting healthier due to high equity prices and rising interest rates. Two companies that measure Canadian plans’ funding were quoted, showing the growth in the first quarter: Aon PLC said “its measure of DB pension solvency in Canada increased from […]

As reported in The Globe And Mail, the Teachers Pension Fund underperformed its 10.7-per-cent benchmark by more than two full percentage points. During the pandemic, the bond-heavy portfolio provided a 8.6-per-cent return for the calendar year. A benchmark is a target. OTPP, the Ontario Teachers’ Pension Plan strives to achieve a 10.7% annual return. They […]