Alberta Pension Services Corp. is looking for a firm to provide investment counselling services to the board of a defined benefit pension plan.
The agency has issued a request for proposal (RFP) for the provision of investment consulting services to the board of the Special Forces Pension Plan (SFPP), which is a defined benefit plan for police officers in Alberta. The plan is governed by a seven-member board that is seeking a firm to provide it with certain advisory services.
In particular, the board is looking for a firm to carry out quarterly and annual investment reviews of the plan’s portfolio manager, Alberta Investment Management Corp. (AIMCo). It’s also seeking strategic investment advice and systematic reviews of the plan’s investment policies and goals. Proposals are due by Feb. 6.
The SFPP fund has a diversified investment portfolio of domestic and foreign equities, fixed-income securities, and inflation sensitive and alternative investments such as real estate, infrastructure, real return bonds and timberland. The president of Treasury Board and Minister of Finance acts as trustee for the plan.