Custom liability driven investing - have your cake and eat it too
December 01, 2015
By Brent Simmons and Valerio Valenti
According to the Mercer Pension Health Index, the funding status for a typical Canadian defined benefit (DB) pension plan has fluctuated by more than 30 percent in the last 10 years, and many plans have been under 100 per cent funded for most of that time. Such wide swings in funded status have many negative implications, including reduced member benefit security, volatile contribution requirements and unpredictable financial statement impacts.
