Pension Plans

Confronted with economic uncertainty and shifting demographics, Canadian defined benefit pension plans are looking to enhance their sustainability. Alternative investments are increasingly viewed as a tool to meet ongoing member obligations, while ESG is moving to the fore as cultural norms continue to evolve.

A longstanding provider of asset services to Canadian pensions, RBC understands the unique opportunities and challenges that plans are facing as they navigate today’s volatility. We combine innovative technology with an unwavering focus on service excellence and risk management to support our pension clients, and add value through our:

  • Consultative partnership backed by experienced professionals
  • Solid product and service offering tailored to manager needs
  • Flexible, interactive digital reporting solutions Popup icon
  • Broad range of thought leadership and market insights

Our Products & Services



› Global custody



› Corporate actions
› Income reclamation


Middle Office

› Collateral management
› Trade management
› Corporate actions management
› Investment Book of Records (IBOR)


Pensioner Services

› Benefit payments (5)


Accounting & Reporting

› Performance measurement
› Compliance monitoring
› Pension trust accounting
› Master trust unitization
› Risk disclosures

Market Services

› Securities finance
› Foreign exchange
› Cash products

Our Credentials


Custodian – Overall1
Asset servicer – Overall 2
Network management team3

120+ years

as an asset servicing provider

AA-          Aa1

Standard & Poor's              Moody's          

High credit ratings4

  1. Highest Global Average (Unweighted), Global Investor ISF Global Custody Survey, 2022
  2. R&M Investor Services Survey, 2022
  3. Asset Servicing Times, 2021
  4. Standard & Poor’s (AA-) and Moody’s (Aa1) legacy senior long-term debt ratings of Royal Bank of Canada as of August 23, 2023