The increase came from a 3.2 per cent increase in financial assets as the value of investment fund shares, particularly mutual fund units, life insurance and
pension assets rose.
TORONTO, April 23, 2014 -
Pension assets rose for a third successive quarter as global financial markets continued to progress during the first quarter, according to the latest survey from RBC Investor & Treasury Services.
2014.10.23 RBC Investor & Treasury Services quarterly survey: Canadian pension assets inch higher in Q3
Pension assets rose for a fifth successive quarter despite concerns over anemic economic growth in the Eurozone and escalating global issues during the three months ending September, according to the latest survey from RBC Investor & Treasury Services...
Not exact matches
Rising prices for
assets seem to make most people better off, unless they are renters, or ethnic minorities, or immigrants, or come from large families and don't inherit a home of their own, or get sick and need to pay for medical care, or get fired, or get their
pension fund ripped off or otherwise fall outside what most people think of as the bell - shaped curve of good fortune.
On the same day, the Government
Pension Investment Fund (GPIF) announced a
rise in domestic equity weights and an increase in foreign
asset holdings for its portfolio.
Rising stock markets — the S&P 500 has tripled since reaching a low in March 2009 and over the last 10 years, the largest public
pension plans have earned an average return of 7.45 percent, broadly in line with the median long - term goal of 8 percent — have boosted
pension plan coffers to the highest level of
assets they've ever had.
Another example of an arrangement giving
rise to Part IVA considerations involves accessing the CGT relief provisions to facilitate the swapping of
assets between the segregated current
pension asset and segregated non-current
asset classes.
Yet in a
rising rate environment, the managers explain that
pensions can be measured much more easily, and hard
assets become barriers to entry for competitors.
The
rise of retirement accounts for individuals is significant since these account
assets are more affected by economic downturns than pooled
pensions.