CANADA - The existence of underfunded defined benefit (DB) schemes in Canada is due to defects in the pensions model, according to a C.D. Howe Institute report.
The report said attempts to shore up classic, single-employer, defined-benefit pension plans are an inadequate response to Canada’s occupational pension problems. It stated the DB sector’s immed...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
