CANADA - The CAD$84bn Ontario Teachers' Pension Plan has turned to inflation-sensitive assets in a bid to counter its growing pension promises for future retirees.
The fund saw is funding status drop from 94% in 2004 to 84% in 2005 on the back of declining interest rates – leaving a deficit of CAD$19.4bn, up from CAD$6.2bn last year. The results of the lat...
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