August 29, 2023
Data from Northern Trust Pension Universe shows positive results in the second quarter for Canadian pension plans. Pension plans were able to benefit from investing in diversified and alternative areas, analysis shows.
It also reported that the median Canadian Pension Plans return was 1% for the quarter ending June 30, and 5.3% for the year to date.
“As we wait for the inflation pendulum to swing back to more normalized levels, higher interest rates continue to provide a cushion for the funding health of Canadian Pension Plans,” Katie Price, president and CEO of Northern Trust Canada said.
Click on more information to read Northern Trust’s full report: