Asset performance and bond yields push funded ratios lower in the third quarter.
Spending on merit increases but falls far short of matching inflation.
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