Although buoyed by rising interest rates, defined benefit pension plans racked up their worst performance in decades.
A British defined benefit plan is boosting its longevity risk protection by £500 million.
People who invest in individual funds must wait longer to retire than group plan participants, a Mercer Canada study fin
In Canada, less than 10 per cent of private sector employees are covered by a defined benefit plan.
Pension plans boost solvency in third quarter amid volatility
James Boyle’s successor has been announced.
Corporate pension plans are getting stronger, two consulting actuarial firms report.