Institutional investors often hire consultants to provide expertise in writing requests for proposals (RFPs) for services required by the institution, as well as to access consultants’ knowledge of investment managers, recordkeepers, custodians and actuarial service providers.
For the second time in the last four years and the third time in about a decade, investment/pension committees have to cope with the effects of extreme movement in the market value of their portfolios.
In a capital accumulation plan (CAP), there will be two types of members: those who are engaged and understand enough basic investment concepts to do it themselves; and those who are unengaged and would rather not learn how to invest and make investment decisions. Compounding problems for the unengaged member is a tendency for engaged […]
My previous article, Finding the target (date fund), introduced target date funds (TDFs)—also known as lifecycle or age-based funds—and provided background for why they are becoming an increasingly popular choice for capital accumulation plan (CAP) sponsors and their plan members. TDF usage by members will often be very high, and plan sponsors should ensure that […]
Target date funds (also known as lifecycle or age-based funds) have been available to Canadian capital accumulation plan (CAP) sponsors for about half a decade and are becoming an increasingly popular investment option for plan members. Target date funds are a one-stop diversified investment product designed to make investing for retirement less complicated. They go […]