Unconventional Thinking On Pension Investment Policies: ICPM Awards $50,000 Prize To Top Research Paper

“The International Centre for Pension Management (ICPM) is a global research-based network of asset owners that stimulates leading-edge thinking and practice about pension management. It focuses on fostering long-term investing, strengthening organizational governance, and improving the design of pension arrangements.”

ICPM Network

“ICPM is pleased to announce the winner of the 2025 Research Awards. Our recent call for research studies garnered 70 high-quality submissions from around the world. Four finalists were invited to Toronto to present their work to the ICPM Research Council and the broader pension community in person. This provided a direct engagement opportunity with the study authors. The winning paper, “Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice”, challenges conventional thinking on pension fund investment policies and measures of risk for long-horizon investors.”

ICPM AnnouncementSeptember 12, 2025

On A Personal Note

The International Centre for Pension Management (ICPM) is to be congratulated for its Research Awards initiative and for organizing the Research Award event this past September 3. The ICPM Research Council deserves extra kudos for wading through 70 research paper submissions to select the final 4. It was a personal pleasure to attend the September 3 event and see how ICPM has flourished since Brendan Calder and I took the ICPM concept to Rotman School of Management Dean Roger Martin way back in 2004.