University of Guelph (Ontario) is searching for an investment consultant to conduct an asset/liability study of its three defined benefit plans with a combined C$854 million (US$757 million) in assets.
The university's last asset/liability study was completed in 2011 for the three plans — Pension Plan for Professional Staff; Pension Plan for Non-Professional Staff; and Retirement Plan of the University of Guelph. Towers Watson conducted the study, said Vicki Hodgkinson, university secretary. Information about whether Towers Watson can bid on the new study was not available at press time.
The RFP is available on Merx, a Canadian procurement website. Proposals are due at 2 p.m. EST Nov. 6.
A selection date was not provided. Ms. Hodgkinson was unable to provide further details.