Canadian defined benefit pension returns

Q3 2025

Published October 30, 2025 | 2 min read

Pension plans record largest gains of 2025 to date in Q3 amid broad equity and fixed income

9.7% annual return and 4.4% quarterly return

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Including RBC Investor Services’ defined benefit pension clients spanning private and public plans

Q3 2025 Defined Benefit Pension Returns

+4.4%

Total

+1.5%

Canadian fixed income

+9.5%

Canadian equities

+8.7%

Global equities

Please refer to the press release for additional information or contact your RBC Investor Services representative.