72% of Canadian pension funds considering consolidation options: survey

2021-05-13T08:05:25-07:00May 3rd, 2021|Categories: Defined Benefit Plans|Tags: , |

Source: Benefits Canada The majority (72 per cent) of Canadian pension funds said they’re currently focused on consolidation options that offer greater certainty they’ll be able to meet their liabilities, according to a survey by CIBC Mellon. It also found 50 per cent of pension funds surveyed plan on implementing consolidation plans over the next three to five years. The same percentage (50 per cent) of respondents that said they’re considering merging other funds’ assets into their owns plans [...]