Asset Allocation
Funded Ratio for Canadian Pension Plans Improves in 2020
After plummeting during the first quarter, the funding level of Canadian defined benefit plans rebounded to end the year at 91.2%.
The transaction will form the biggest insurance broker in the world.
Level rises to 85.8% for corporate plan funding, Aon says.
Falling bond yields prove too much for robust asset gains.
After a whirlwind day of news, Aon confirms it will not pursue the buyout after all.
The pension is now studying the impact of a 2% to 4% allocation to managed futures on the total fund.
Although most plans are now fully funded, solvency gains can vanish quickly, firm says.
Worldwide assets grow to $130 billion.
Each risk to contain policy terms up to one year.