
Pensions
Canadian DB Plans Weather Market Volatility, Inflation … So Far
With challenging conditions likely to persist, Mercer advises plan sponsors prepare for the worst but hope for the best.
CIO Ronald Schmitz credits outperformance to diversification strategy and strong private markets.
Large company plans gain a point, to 87%, Willis Towers Watson says.
The largest US pension plan—and smaller ones across the country—are affected by market volatility that has lowered investment returns.
System gains $3.9 billion to reach total assets of $29.3 billion.
Strong returns bring fund’s asset value to $8.42 billion.
Even with lowered returns, no negative impact on ability to meet obligations.