Making defined benefit plans less painful

November 01, 2012
By Brent Simmons and Heather Wolfe

Defined benefit pension plans (DB plans) in Canada face many challenges, and have been a thorn in the side of many employers in recent years. With DB plans, employers need to manage the assets and risks of their plans and are dealing with issues like: unpredictable life expectancies, volatile investment returns in today’s uncertain economy and changing accounting rules. The good news is that there are several solutions available in Canada to help plan sponsors reduce some of their DB plan pain.

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