![Extract “In general, the pension industry is doing phenomenally well, and pension plans are outperforming. They’re very well funded,” he said. Furthermore, when it comes to pension plan performance globally, […]](https://pbiactuarial.ca/wp-content/uploads/2017/11/logo-full.png){kind=logo}
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“In general, the pension industry is doing phenomenally well, and pension plans are outperforming. They’re very well funded,” he said.
Furthermore, when it comes to pension plan performance globally, Canada recently ranked high among its peers.
Hough acknowledged that certain asset classes – real estate and private equity among them – have come in below their benchmarks, but also emphasized that falling short of an asset benchmark isn’t the same as failing to meet the discount rate a plan needs to stay on track.