Working together

New research center to focus on retirement plan challenges

Some of Canada's largest pension funds and pension asset managers are joining forces to create a center for research on retirement-related issues such as plan design, governance and investments.

Among the initial members of the center, called the National Pension Hub, are the C$316.7 billion ($253.8 billion) Canada Pension Plan Investment Board, Toronto; C$286.5 billion Caisse de Depot et Placement du Quebec, Montreal; C$175.6 billion Ontario Teachers' Pension Plan, Toronto; C$135.7 billion British Columbia Investment Management Corp., Victoria; C$135.6 billion PSP Investments, Montreal; C$95.7 billion Alberta Investment Management Corp., Edmonton; C$85.2 billion Ontario Municipal Employees' Retirement System, Toronto, and C$15.6 billion Canadian National Railway Co., Montreal.

The Global Risk Institute in Financial Services, a Toronto-based organization that focuses on various risks in the financial services industry, announced the launch of the center on Oct. 4. The hub will "provide a pipeline of objective research on pensions and income security that will help pension plan providers, investment managers, policymakers and government administrators address these and other challenges," according to a news release from the Global Risk Institute.

Barbara Zvan, chief risk and strategy officer at Ontario Teachers, will be chairwoman of the center.