CANADA - The Canada Pension Plan (CPP) is expected to take in more contributions than it pays out in benefits until 2021, according to the chief actuary of the Office of the Superintendent of Financial Institutions.
The change in cash flows will cause the CPP to change its asset mix from its current projections of 65% variable-income securities and 35% fixed-income securities to 55% variable-income securities ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date