Pension Risk Bulletin - February 2020
2019: Record year for pension risk transfer activities… again!
Against a low interest-rate environment backdrop, 2019 was another great year for the Pension Risk Transfer market for defined benefit pension plans in Canada. Preliminary statistics suggest that the total volume transacted has reached the $5 billion mark, another record for Canada.
This represents an increase of about 10% from last year’s volume. Reaching $5 billion is a big milestone for Canada considering that the volume was at $1 billion or less before 2013.