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Pension Plan Sponsors Pessimistic About Canadian Pension System

Posted on January 11, 2010 by Heenan Blaikie
According to a recent survey of Defined Benefit pension plan sponsors, 89% of plan sponsors believe that Canada's pension system is either poorly positioned or average in its ability to meet the future needs of Canadians.   Nearly half of respondents identified investment risk as their primary concern.  The risk of pension shortfalls was second with nearly 36% of respondents identifying this as their primary concern.  Despite the generally negative results, 72% of respondents felt that Canada's pension system is either the same or better than other pension systems around the world.  Only 8% of respondents believe Canada's pension system is worse.
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