Wednesday, 2 October 2013
This article at Pension and Investments says rising stock markets and interest rates have really helped Defined Benefit Pension plans in Canada return much closer to long term viability lately, but another article laments the marginal improvement in the situation of Defined Contribution savings plans. However, there is a telling note that fully inflation-indexed plans, the kind people really need, aren't much better off since new actuarial rules are making them recognize their huge liabilities (Keith Ambachtsheer's fine book Pension Revolution - reviewed here - shows the significance of inflation indexing).
Posted by CanadianInvestor at 17:29
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