Innovation in pension management examined in journal from Rotman International Centre for Pension Management
By Ken McGuffin
Toronto - Innovation and leadership in the pension world is the theme of the third issue of a pension management journal from the Rotman International Centre for Pension Management (ICPM) at the Rotman School of Management at the University of Toronto. The Fall 2009 issue of the Rotman International Journal of Pension Management offers advice from industry practitioners and academics on how the pension industry can be more innovative, and hence more effective and efficient.
"Let's be frank. Looking backward the pension industry has not been a world-leader on either the innovation or leadership fronts," says Keith Ambachtsheer, Director of Rotman ICPM and an adjunct professor of finance at the Rotman School. "This issue of our journal sets out some of the necessary conditions for creating better pension systems and management disciplines. But on their own, they will not suffice. Effecting real change will require strong leadership too."
Contributors to the issue include; Ed Waitzer of York University, (Canada); Stephen Davis of Yale School of Management (USA), Jon Lukomnik of Sinclair Capital LLC (USA), and, David Pitt-Watson of Hermes Focus Asset Management (UK); Joshua Rauh of Northwestern University (USA) and Irina Stefanescu of Indiana University (USA); Joshua Fear of the Australia Institute, and Geraldine Pace of the University of Sydney (Australia); Ron Bird and Jack Gray of the University of Technology, Sydney (Australia); Tim Jones of the Personal Accounts Delivery Authority (UK); William Robson of the C.D Howe Institute (Canada); Teresa Ghilarducci of the New School for Social Research (USA); and Hans Blommestein and Juan Yermo of the OECD (Paris), Pascal Janssen and Niels Kortleve of PPGM (Netherlands).
The next issue of the Journal is scheduled for release in Spring 2010.
The Rotman International Centre for Pension Management 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. Further details on the Rotman International Centre for Pension Management, including access to the Rotman Journal of International Pension Management, are available at www.rotman.utoronto.ca/icpm.