While the Canadian pension de-risking market decreased in 2025, many plan sponsors that opted to not shed liabilities last year have simply delayed these plans amid evolving economic conditions, says Mathieu Tessier, vice-president of client relationships and innovation for defined benefit solutions at Sun Life Financial Inc.

“The geopolitical and economic situation of the last year got quite a few plan sponsors to put some discretionary projects on hold, particularly those in an industry that could be affected by........

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