TFPPs would function like TFSAs, enabling middle- and lower-income workers to save for retirement
Net assets at the end of the year were $191.1 billion
A surge in global equity markets bolstered the position of pension plans
Younger clients will enjoy a greater benefit from changes introduced this year
Statistics Canada says plans' net income also declined in the quarter
A survey finds Canadian plans had a -0.7% return last year
Using a high discount rate raises the risk that the plan won’t have enough assets
Suggested measures include amendments to bankruptcy law and disclosure improvements
StatsCan analyzes the relationship between pension coverage and investment performance in TFSAs
Declining equity returns and long-term interest rates challenge pension solvency