The Rocky Road Dictate How Members' Money Should Be Invested? What Is the Best Way Wins and Were Named Campus Activities Magazine's Top Major Performer
Total Page:16
File Type:pdf, Size:1020Kb
2:00 pm – 3:15 pm Plenary IV: Now there is a growing movement to add non-traditional investments. So what’s a plan sponsor to do? Continue adding new and innovative fund op- DC Plans: Educate or Dictate tions…which require lots of member education, go the “set it and forget it” Speakers: route by using auto pilot type funds, or is there a middle ground? Ismo Heikkila 6:30 pm – 10:30 pm Gala Reception, National Director Dinner & Concert by Emerson Drive Financial Education and Employer Services, T.E. Wealth Chateau Lake Louise Bill Turnbull General Manager Join your colleagues and guests for our closing gala dinner, followed by a Co-operative Superannuation Society Pension Plan concert by Canada’s own Emerson Drive.Bursting onto the Country music Mike Barry scene in 2001 with theirself-titled DreamWorks Nashville release which President, Plan Advisory Services (U.S.) included the catchy smashes, "I Should Be Sleeping" and "Fall Into Me", the band found a home at Midas Records and had a banner year in 2007 Moderator: following the release of COUNTRIFIED, which yielded the band's first #1 Daniel Morrison song, "Moments." Senior Manager Pension and Benefits Climbing ATCO Ltd. & Canadian Utilities Ltd. Emerson Drive have received numerous industry awards and nominations throughout their career and in 2007 they received their first ever GRAMMY Can DC plan sponsors educate their members effectively to make good in- nomination for "Moments," in addition to a DOVE Award nomination, an In- vestment decisions? Or should sponsors give up on education and simply spirational Country Music award nomination, 2 CMA nominations, 3 CCMA the Rocky Road dictate how members' money should be invested? What is the best way wins and were named Campus Activities Magazine's Top Major Performer. to meet your fiduciary obligations and minimize your liability? Come hear two experts present opposing views on these questions. You will also hear The band is currently in production on their new album, (once again col- about the U.S. experience with the recent "auto-pilot" developments south laborating with Teddy Gentry of Alabama and Josh Leo) which is scheduled of the border. Educate or dictate? You be the judge! for an early Fall release. 3:15 pm – 3:45 pm Refreshment Break 3:45 pm – 4:45 pm Workshop 5: Seeking Closure: In Search of Answers to the Legacy Plan Speakers: Louis-Georges Mongeau Senior Consultant, Legislation & Plan Governance Group Savings & Retirement, Standard Life Assurance Company of Canada FRIDAY, SEPTEMBER 19, 2008 Dr. Gary Tompkins Department of Economics, University of Regina 8:30 am – 12:00 pm Tee times reserved at Stewart Creek Moderator: In dramatic fashion, each of Stewart Creek's holes offers breathtaking pan- Diane Sutherland oramas that fill each golfer with wonder and awe. To enhance the challenge Team Leader, Pension & Benefits, Corporate Human Resources Talisman of layered fairways and subtly sloped greens, 35 bunkers are strategically Energy Inc. located around rushing streams, crystal clear lakes, rocky outcrops and re- Closed defined benefit plans are now commonplace. But once closed, the stored mine. Extend your stay and book your tee time through ACPM; morn- realities that a DB plan faces are significantly altered. As a result, the spon- ing tee times available on a first-come, first-served basis. Payment is made sor's focus takes on a whole new perspective. This workshop will explore: directly to Stewart Creek by individual players. • The overall risk profile of a closed DB plan; • Some possible strategies to manage and cope with a closed DB 9:00 am - 2:00 pm Choose one of the Following Banff Tours: plan; and 1) Banff Adventure Tour • "Exit" strategies for closed DB plans including the subtleties of commercial annuity markets. Build a connection to our World Heritage Site on this trademark sightsee- ing tour as you visit Banff's landmarks, most renowned traits and historic Workshop 6: places. Hear how the 11,000 year old human history of the Bow Valley New Investment Trends for DC Plans 2008 National Conference changed when three railway workers rediscovered the Cave & Basin, now Speakers: a National Historic Site, and learn about the local wildlife. Enjoy the sights September 16-19, 2008 Jean A. Young and photo opportunities at the many lookout points along the popular trails. Senior Research Analyst, Vanguard Center for Retirement Research Get a bird's eye view of many of the areas you will have visited as the Banff Gerry Wahl Gondola takes you to the top of Sulphur Mountain meander along the 1 km Assistant Treasurer, Teck Cominco Ltd. boardwalk to the Cosmic Ray Station National Historical Site of Canada, and the historic Sanson’s Peak Meteorological Station. Lake Louise, Alberta Moderator: Brendan George 2) Discover Banff Culture Tour Fairmont Chateau Lake Louise Vice President, Aon Consulting Inc. Visit the Whyte Museum, which focuses on the human history of the Bow As DC plans have evolved and developed a strong foothold in the Cana- Valley and commemorates the efforts of the some of the most integral char- dian retirement marketplace the number and style of investment choices acters to have touched this area. From the past we move to the present and has also changed. The old days of the master mix are gone and plan spon- get a taste of the diverse art exhibits on display for the 75th anniversary of sors and their members are faced with a wide variety of options…from the Walter Philips Gallery at the Banff Centre for the Performing arts. Lunch traditional asset classes to target date, asset allocation and hybrid funds. will be served in the garden. Workshop 2: Every week more than 700,000 people tune in to CBC Radio and a number TUESDAY, SEPTEMBER 16, 2008 for both China and India as well as spin off impacts that could be felt here How Green is Your Fiduciary Duty? of US public radio stations to hear Stuart McLean’s “The Vinyl Café”. Stuart 9:30 am – 4:30 pm ACPM Annual Golf Tournament in Canada as well. Gary Comerford has been instrumental in establishing McLean, one of Canada’s most beloved storytellers and humorists, enter- Speakers: Fairmont Banff Springs Golf Course Sun Life’s operations in both countries. Stuart Leckie is the former Chairman tains his listeners with Canadian music, colourful fiction and his thoughts of Fidelity’s Asian operations and a well known pension expert. Jaskirat Susan Enefer The best way to begin your stay in the Rockies! Renowned for its pan- on a wide range of topics, from the trivial to the thought-provoking. The Kaur was Vice President of Group Insurance and Pensions for Birla Sun Life Manager, Corporate Governance oramic beauty, The Fairmont Banff Springs Golf Course is a captivating and extremely popular stories from the show have been collected in six best- in India. challenging layout set in the heart of Canada's Rocky Mountains. From the BC Investment Management Corporation (bcIMC) selling books, two of which have received the prestigious Stephen Leacock actual hole design to the optical illusions created by the surrounding moun- 10:15 am – 10:45 am Refreshment Break John D’Agata Award for Humour. tains, this course will delight and tempt you. Your tournament package Director, Pensions and Benefits , McGill University 10:45 am – 12:00 pm Plenary II THURSDAY, SEPTEMBER 18, 2008 includes return transportation from Chateau Lake Louise, breakfast, BBQ Moderator: lunch, green fees and prizes. DB Plans: Terminal or Critical? Jordan Berger 7:00 am – 4:00 pm Registration 12:00 pm – 8:00 pm Registration Speakers: Head of Responsible Investing, Mercer (Canada) Ltd. Chateau Lake Louise Fairmont Chateau Lake Louise Malcolm Hamilton 7:30 am – 8:30 am Breakfast We all know that Socially Responsible Investing is the right thing to do and Worldwide Partner, Mercer (Canada) Ltd. 10:00 am – 5:00 pm Columbia Icefields Tour some plans have incorporated SRI into their Investment Policies. But what 8:30 am – 9:45 am Plenary III: Christopher A. Brown Journey to the Columbia Icefield along the spectacular Icefields Parkway in happens after SRI is implemented? In this workshop, we will hear from Alberta Co-Chair, Joint Expert Panel on Pension Standards (JEPPS) The Shifting Economic Balance a luxury Brewster motorcoach. After photographic stops at Crowfoot Gla- industry participants on the challenges after SRI implementation and we Speaker: cier and Peyto Lake, we head towards the impressive view of the Big Hill. Kathryn Bush will discuss the lessons that are being learned. Our panel will share their Following a delicious buffet luncheon at the Icefield Centre, we will board Advisory Panel Member experience and insight for those looking to make the change. Andrew Busch Global Currency Strategist, BMO Capital Markets a “Snocoach”, a vehicle unlike any other and learn about the unique eco- Ontario Expert Commission on Pensions (OECP) 3:15 pm – 3:45 pm Refreshment Break system and the creation of the glaciers on the way to the Columbia Icefield. Moderator: Moderator: 3:45 pm – 4:45 pm Concurrent Sessions We will return to Chateau Lake Louise in the late afternoon. Andrew Harrison James Clark 5:30 pm – 8:00 pm Welcome Reception Partner, Borden Ladner Gervais LLP Workshop 3: Vice President, Business Development Lakeview Terrace, Plan Alternatives – What’s possible? Aurion Capital Management Fairmont Chateau Lake Louise This plenary will examine the submissions that were made by the various Speakers: As we watch events unfold in the world around us, many questions come stakeholders to OECP and JEPPS. The presenters will provide their views Greg Hyatt to mind. Will these events be the catalyst for major changes in the current WEDNESDAY, SEPTEMBER 17, 2008 regarding the future of defined benefit plans based on the submissions.