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Fall 2011 Journal from Rotman International Centre for Pension Management rethinks fund governance, structure and pension design

Toronto, October 6, 2011 - Rethinking long-held beliefs in the pension world is the theme of the articles in the Fall 2011 issue of the Rotman International Journal of Pension Management. With contributions from pension practitioners and academics, the journal is published by the Rotman International Centre for Pension Management (Rotman ICPM) at the Rotman School of Management at the University of Toronto.

"We tend to cling to outmoded ‘truths’ far longer than is good for us and the pension industry is not immune,” says Journal editor, Keith Ambachtsheer who is also Director of Rotman ICPM and an adjunct professor of finance at the Rotman School. “Long-held beliefs and practices in fund governance, structure and pension design are challenged by this issue of the journal.”

A special article in the issue provides an update on seven research projects which are funded by Rotman ICPM.

Articles in the Spring 2011 issue also include:

  • Reclaiming Fiduciary Duty Balance by James Hawley, Keith Johnson and Ed Waitz;
  • Pension Reserve Funds: Aligning Form and Function by Gordon L. Clark and Ashby H.B. Monk;
  • International Codes and Conventions: Are Pension Funds Missing in Action? by Jane Ambachtsheer;
  • Buttoning Up Australian Superannuation by Jack Gray and Bill Watson;
  • The Global Financial Crisis and the Performance of Target-Date Funds in the United States by Laurence Booth and Bin Chang;
  • DC 20/20: Pathways to a Secure Retirement by Rick Wurster; and,
  • What DC Plan Members Really Want by Ioulia Tretiakova and Mark S. Yamada.

Journal articles are available at no charge online.

The next issue is scheduled for release in Spring 2012.

ICPM has become a global catalyst for improving pension management. The Centre sponsors research and fosters dialogue that focuses on building better pension deals, better pension fund organizations, and better pension legislation and regulation. In addition, the Centre looks for opportunities to raise pensions-related content in undergraduate, graduate, and executive programs at the Rotman School and other education-oriented forums. For example, it recently launched the Rotman-ICPM Board Effectiveness Program.