Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations
30 March 2021 | National Pension Hub Publications
This study compares two pension supervisory frameworks (the Dutch and Canadian framework) and examines which short-term and long-term regulations for occupational pension funds are best at maintaining a healthy financial situation for the fund and provides the best results for participants in terms of pension benefits.
29 March 2021 | Risk Management Practices
Today, approximately 20 per cent of the financial information used in making investment, lending and capital allocation decisions is prepared in accordance with generally accepted accounting principles (GAAP). Conversely, a full 80 per cent of that same information is unaudited, subject to little or no formal oversight, and its use and definition is at times at the discretion of management. This is a troubling development and should be a flashing caution light to consumers of that information.
26 March 2021 | Pandemic Response
As the gross debt/GDP ratio grows, Canada faces the risk of increased interest coverage payments leading to reduced future fiscal flexibility. An acknowledgement of this increased risk must be met with an understanding of a plan to build the economy and to pay down the deficit. This raises a number of issues that need to be debated to address the risks coming in the future.
19 March 2021 | Pandemic Response
With Canada now in its second year of living with COVID-19, the pandemic continues to pose ongoing and new challenges for financial institutions (FIs) in building resilience. Beyond unprecedented health, financial and economic risks, FIs face future challenges managing staff, operations and client relationships during the broader vaccine rollout.
15 March 2021 | Climate Risk and Sustainable Finance
Climate change is not only a global existential challenge, but it is also a once-in-a-lifetime opportunity for Canada to develop leading-edge clean technology (cleantech) solutions for the world, create high-paying jobs and boost the Canadian economy.
14 March 2021 | Cyber security and Fraud
A Resource Estimation Framework for Quantum Attacks Against Cryptographic Functions - Recent Developments Dr. Michele Mosca, Co-Founder, President and CEO, evolutionQ Inc. Dr. Vlad Gheorghiu, Co-Founder & CEO, softwareQ Inc. Download the full Summary - PDF Version Download the full Report - PDF Version
3 March 2021 | National Pension Hub Publications
Forced Retirement Risk & Portfolio Choice Guodong Chen, New York University at Shanghai Minjoon Lee, Carleton University Tong-yob Nam, U.S. Department of the Treasury Download the full paper - PDF Version Introduction Current literature on the effect of labor income on portfolio choice overlooks that workers face a risk of being forced to retire before... View Article
3 March 2021 | National Pension Hub Publications
GRI Research Associate Sally Shen co-authored the paper Fintech and the Retirement Savings System which was published by the Society of Actuaries in January 2021.
3 March 2021 | National Pension Hub Publications
Risk Sharing Pension Plans Mary Hardy, University of Waterloo David Saunders, University of Waterloo Xiaobai Zhu, Southwestern University of Finance and Economics Download the full paper - PDF Version This project adapts results from theoretical, stylized work on pension design, to explore a form of Target Benefit (TB) plan that allows for structured, transparent intergenerational... View Article
3 March 2021 | Financial Stability and Regulatory Compliance
Canadian equity market experts, ranging from market enablers to investor protectors, were recently gathered by the Global Risk Institute (GRI) to discuss the future implications of last month’s events which captivated financial markets observers.
