Aon plc announced on January 2, 2025, that the aggregate funded ratio for Canadian pension plans in the S&P/TSX Composite Index decreased slightly to 105.5 percent at the end of the fourth quarter of 2024. This is a marginal decrease from 105.8 percent reported at the end of the third quarter of 2024. A year prior, the funded ratio stood at 100.7 percent.
The Aon Pension Risk Tracker provides these insights, reflecting the financial health and stability of defined benefit pension plans in Canada. While showing a slight quarterly dip, the year-over-year comparison indicates an overall improvement in funded status. This data is crucial for plan sponsors and fiduciaries in managing their pension obligations.
This report underscores the ongoing need for expert advisory services in wealth solutions, an area where Aon provides guidance to help clients navigate market conditions and manage pension risks effectively. The stability of pension plan funding is a key indicator for the broader financial health of Canadian corporations.
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