
Pension plans resilient in the face of global economic volatility Français
Due to the announcement of US tariffs, the report also provided an estimate for the first week of April 2025, projecting that the median solvency ratio likely declined further, by approximately five percentage points from the end of Q1, driven by adverse market conditions.
Despite this decrease, the vast majority of pension plans continued to demonstrate resilience, with funding levels remaining healthy amidst these economic and market challenges.
"While we've seen a decline in the solvency ratio over the past few months, pension plans remain resilient," said Andrew Fung, FSRA Executive Vice-President, Pensions. "However, with this global trade war and ongoing economic uncertainty, it's critical for plan administrators to proactively manage risk and regularly reassess their investment strategies to ensure long-term sustainability."
FSRA recommends that pension plans use stress testing, modeling, and other analytical tools to evaluate potential vulnerabilities and strengthen financial resilience.
FSRA releases its solvency report each quarter to assess the financial health of Ontario defined benefit pension plans. The report provides timely information to plan members about the performance of their plan and the state of the economy both nationally and internationally.
FSRA continues to work on behalf of all stakeholders, including consumers and pension plan members, to ensure financial safety, fairness, and choice for everyone.
Learn more at www.fsrao.ca.
FOR MEDIA INQUIRIES:
Ashley Legassic
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 647-719-8426
Email: [email protected]
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