The funded ratios for Canadian outlined profit pension plans within the S&P/TSX Composite Index noticed a marginal decline in the course of the fourth quarter of 2024, based on a report launched by Aon plc on Thursday. The mixture funded ratio fell to 105.5%, down from 105.8% within the earlier quarter, although it remained larger than the 100.7% recorded on the finish of 2023.
The findings have been derived from Aon’s Pension Threat Tracker, which assesses the combination funded standing of outlined profit plans for firms within the S&P/TSX Composite Index based mostly on accounting measures.
Key highlights from the fourth quarter embody: