Purpose: The purpose of this paper is to show how the choice and ongoing evaluation of a firm’s business model, as a matter of strategic guidance, are key aspects of corporate governance (CG), with particular reference to risk management (RM) in Islamic banks. Design/methodology/approach:...

When examined as financial intermediaries - as capital market institutions - the questions asked of pension funds are predominately about their function in relation to their ultimate - if altogether estranged - beneficiaries. A more recent group of questions revolves around the role of these...

The focus of this paper is the Canadian occupational plan system. Although others may be relevant, three questions assist in evaluating that system. Do enough people have an occupational pension plan (the “coverage question”), are occupational pension plans affordable and efficient methods...

In October and December 2009, the Federal and the Ontario Governments announced major reforms to legislation governing occupational pension plans. This paper is intended to provide an Overview of the major elements of the proposed reforms. The paper further provides some background against which...

The Canadian Federal Government has proposed a new private-sector retirement savings scheme to address the widely-recognized under-saving of Canadian employees for retirement. The proposed scheme emphasizes voluntariness in a choice architecture associated with the “nudge” approach to...