Whether it’s converting to defined contribution (DC) plans, evolving investment strategies, developing glide-paths or annuitizing inactive members, risk mitigation has become ingrained in the Canadian DB pension industry. But despite this evolution, there is one risk that hasn’t yet received its fair share of attention: longevity risk.
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DB SOLUTIONS InSights
Published By: Sun Life Financial | 08/12/2017
It’s hard to read the business news these days without seeing references to private sector companies de-risking their defined benefit (DB) pension plans. This de-risking activity is occurring in the face of historically low interest rates.
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