Media Releases

Journal from Rotman International Centre for Pension Management examines rethinking pension design and management in a post-financial crisis world

October 6, 2010

TORONTO, ON — With the effects of the recent glob­al finan­cial cri­sis still lin­ger­ing, the Fall 2010 issue of the Rot­man Inter­na­tion­al Jour­nal of Pen­sion Man­age­ment takes a look at rethink­ing pen­sion design and man­age­ment with ten new arti­cles from pen­sion prac­ti­tion­ers and aca­d­e­mics. The jour­nal is pub­lished by the Rot­man Inter­na­tion­al Cen­tre for Pen­sion Man­age­ment (ICPM) at the Rot­man School of Man­age­ment at the Uni­ver­si­ty of Toron­to.

“The broad mes­sage of this issue of the Jour­nal is that the Glob­al Finan­cial Cri­sis has left its mark on many things, includ­ing pen­sion design and man­age­ment,” says Jour­nal edi­tor, Kei­th Ambacht­sheer.  He is also Direc­tor of Rot­man ICPM and an adjunct pro­fes­sor of finance at the Rot­man School.

Arti­cles in the Fall issue include:

*         Choos­ing to Fail Con­ven­tion­al­ly;

*         Super for Mem­bers: A New Par­a­digm for Aus­trali­a’s Retire­ment Income Sys­tem by Jere­my Coop­er ;

*         Dutch Pen­sion Funds: Aging Giants Suf­fer­ing from Weak and Incon­sis­tent Risk Man­age­ment by Jean Fri­jns;

*         High­er Pen­sions and Less Risk: Inno­va­tion at Den­mark’s ATP Pen­sion Plan by Lars Rohde and Chresten Dengsøe;

*         How Pen­sion Funds Man­age Invest­ment Risks: A Glob­al Sur­vey by Sandy Hal­im, Ter­rie Miller, and David Dupont;

*         Does Port­fo­lio Turnover Exceed Expec­ta­tions? by Danyelle Guy­att and Jon Lukom­nik;

*         The Gov­er­nance of Cor­po­rate Sus­tain­abil­i­ty by Clau­dia Kruse and Ste­fan Lund­bergh;

*         Can Inter­nal Swap Mar­kets Enhance Wel­fare in Defined Con­tri­bu­tion Plans? by Jia­jia Cui and Eduard Ponds;

*         Bal­anc­ing Longevi­ty Risk and Mar­ket Risk in Tar­get Date Funds by Bri­an Jacob­sen, Chris­t­ian Chan, and Olivia Bar­bee; and

*         Mea­sur­ing the Sus­tain­abil­i­ty of Nation­al Social Insur­ance Plans: The Case of the Cana­da Pen­sion Plan  byJean-Claude Ménard.

Jour­nal arti­cles and some video inter­views with authors are avail­able at no charge online at

The next issue of the Jour­nal is sched­uled for release in Spring 2011.

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

The Rot­man School of Man­age­ment at the Uni­ver­si­ty of Toron­to is redesign­ing busi­ness edu­ca­tion for the 21st cen­tu­ry with a cur­ricu­lum based on Inte­gra­tive Think­ing. Locat­ed in the world’s most diverse city, the Rot­man School fos­ters a new way to think that enables the design of cre­ative busi­ness solu­tions.  The School is cur­rent­ly rais­ing $200 mil­lion to ensure Cana­da has the world-class busi­ness school it deserves. For more infor­ma­tion, vis­it


For more infor­ma­tion, please con­tact:

Ken McGuf­fin
Man­ag­er, Media Rela­tions
Rot­man School of Man­age­ment
Uni­ver­si­ty of Toron­to