Nielson, NormaHedges, P.L.Lee, Ryan B.2010-12-142010-12-142008Hedges P. L., R. B. Lee and N. L. Nielson. “Alternatives to Cash in Ensuring the Solvency of Defined Benefit Pension Funds” (Third Quarter 2008), Benefits Quarterly, pp. 26-33.8756-1263http://hdl.handle.net/1880/48306Permission granted from publisher Dec. 1, 2010. "This article is from the Third Quarter 2008 issue of Benefits Quarterly, published by the International Society of Certified Employee Benefit Specialists."Since 2001, even some sound corporate sponsors have faced sudden and severe negative impacts on pension plan solvency due to poor equity market performance, record low interest rates and declining mortality trends. Following an overview of key accounting changes that have occurred internationally, this article reports on legislation and regulations developing in Canada to assist plan sponsors. The authors describe different instruments of financial guarantee that might be employed and identify several areas that require additional work to enhance those instruments' robustness and transparency.engSolvencyRegulationFinancial instrumentsSecuritizationImpact analysisDefined benefit plansjournal article10.11575/PRISM/33968