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.
He joins BMO AM from Sun Life Global Investments.
Ex-Mercer actuary will lead the firm’s Quebec operations.
Major risks to pension plans may lie ahead because of economic damage caused by pandemic.