Pension funding reaches five-year highPlan sponsors might re-think changing plan designsBy 04/12/2007|hrreporter.com|Last Updated: 07/23/2007 Rising stock markets and a modest increase in bond yields have restored pension funding in Canada to the highest level in almost five years, according to a recent report. An analysis by consulting firm Watson Wyatt has found that the pensions funded ratio (the ratio of plan assets to plan liabilities) for a typical pension plan increased to 98 per cent at the end of first quarter of 2007. This is up from 86 per cent at the beginning of 2006. "These improving funded ratios will be welcomed by CFOs,” said Ian Markham, a senior consultant and director of pension innovation at Watson Wyatt. “Smaller deficits will mean a lesser impact on company balance sheets.” To Read the Full Story, Subscribe or Sign In Remember Me Forgot Password If you are a current Subscriber, please click here to set-up or update your login information.