After almost two decades at 222 College Street in downtown Toronto, in January 2017 the IFID Centre will be leaving the venerable Fields Institute for Research in Mathematical Sciences, where we have been incubated since inception, and moving to our new location...in cyberspace. The IFID Centre will become an endowment-like organization with an online presence (only.)
The landscape in the financial (academic research) industry has shifted noticeably over the last decade and there are now many outstanding institutions and University departments led by leading scholars in North America (and globally) with an active research focus on personal investments, retirement income, wealth management and insurance. Like the IFID Centre, they too are commissioned to write research papers, support graduate and doctoral students, host conferences, give educational presentations and engage in outreach with the media and popular press. Indeed, during our time at the Fields Institute we have hosted 18 conferences & seminars, while authoring over 45 research reports and supporting numerous undergraduate, graduate and post-doctoral students. Alas, in the late 20th century when we got the IFID Centre going this was rather unique. Now we are conventional. And it’s time to move on.
As a result -- and given our relatively small size and modest budget -- we have decided to implicitly join forces with some of our competitors and work together to support their activities. The mandate of the (new) IFID Centre will shift from proactively creating, writing, and disseminating original research to more of an informal granting agency that supports existing organizations and research activities.
For example, in the fall of 2016 the IFID Centre partnered with finance faculty at the DeGroote School of Business at McMaster University to jointly host a unique academic conference focused on the topic of personal debt management. This conference will likely become an annual event at DeGroote/McMaster. These sorts of partnerships with other Universities and research organizations will be our model for the future.
Our many fans and followers will continue to see the IFID Centre (logo) as a mark of quality at conferences around the world and perhaps even occasionally at the Fields Institute. In sum, the IFID Centre will jointly sponsor and co-brand research events on topics that are relevant to personal finance and insurance decision-making. That will not change.
For more information, or to apply for conference & event support, please contact:
Professor M.A. Milevsky
Schulich School of Business
York University, Toronto
Tel: 416-736-2100 x 66014