Apr 02, 2013
By AM740 Staff
It’s being credited to good performance on the stock market.
A new report shows Canada’s pension plans received a much-needed boost in the first three months of this year.
The Mercer consulting firm says a typical balanced Canadian plan returned 4.1 per cent in the first quarter sharply improving solvency positions.
In Canada, the best performers were healthcare up 22.8 per cent information technology up 17.5 per cent and industrials up 14.2 per cent.
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