The funded status of a typical defined benefit pension plan improved on both a solvency basis and accounting basis in August, according to a new report by Telus Health.

It found the solvency index increased to 109.6 per cent, up from 107.2 per cent in July, while the accounting index increased to 110.4 per cent from 108.2 per cent during the same period.

The representative pension plan portfolio returned 0.8 per cent during the month, driven by gains in Canadian and global equity markets. Canadian........

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