The activities of the PensionAdvisor are the responsibility of Gerry Wahl., Managing Director, The PensionAdvisor
B Com (Actuarial Science UBC), CPA BC, MBA, IFSC Mutual Funds Diploma
(Personal views and articles by the Managing Director in this website are those of the author and should be not be relied on without further checking)
1) Pension consultanting 2009 - present.
2) Pension Investment manager and adminIstrator for a global mining company:
i) Investment manager for and administrator for ~$2.5 billion in 9 DB plans, 25 CAPs, and 3 supplemental plans
ii) administrator for pension plans in Canada, the US, and the UK
iii) consultant for US company DC and 401k plans
iv) committee member and advisor on 9 company pension committees
v) consolidated 2 large company DB plan investment structures
vi) developed and implemented a common Investment platform and investments for 30 CAP programs
vii) hands-on experience with real estate and infrastructure funds
viii) hands-on involvement with 4 major actuarial firms
ix) hands-on involvement with the major fund managers in Canada
ix) reported to the Pension Chair of the Board of Directors
3) Corporate and individual pension clients in BC and Alberta.
4) Hands-on experience and, expertise in both DB, CAPs, and executive supplemental
5) Provided education sessions for the CGAs, CMAs, Federated Press, clients, and pension conferences
6) Numerous articles published on pension issues in pension publications: Benefits Canada, Canadian
Investment Review and F.A.R
7) Current member Financial Executives Institute Pension and Risk Committees and CURAC pension committee
Other Job Experience
1) Assistant Treasurer Teck Resources Limited /Treasurer Teck Alaska
2) A member of the Board of Directors and Audit Committee of Morguard Pension Realty Limited as well as various outside Boards
of Directors and committees. Instrumental in sharing expertise and promoting and implementing change in these organizations.
3)Responsible for developing and maintaining the company’s pension governance structure and overseeing ~$1.6 billion in assets in 36
different pension programs: nine defined benefit and twenty-five defined contribution plans and RRSPs and twelve supplement plans. Also
responsible for overseeing and managing the relationship with fund managers, custodians, and financial advisors and worked closely with
actuaries used in the DB plans.
Initiated improved cash forecasting modeling, encouraged the introduction of an electronic funds payment system, and acquisition of
a new treasury management system.
Participated in financing projects intended to realize the cash money value of company assets.
Developed and implemented standardized pension governance and reporting structures, used throughout the company including risk
and return performance and funding reporting.
Rationalized and standardized the investment philosophies and platforms for all defined benefit and defined contribution plans which
were effective in reducing the negative impact of the recent financial turmoil.
Developed and implemented the first stage risk management models used in monitoring managing the defined benefit and defined
contribution portfolios and contributed and participated in industry publications and forums on key pension governance issues.
Developed reclamation security and risk-sharing approach for company mines in BC which had broader industry application as well
developed reclamation security and funding approach that was adopted by the State of Alaska.
4) Cominco Limited, The Sullivan Mine - Controller
Cominco’s Sullivan Mine was North America’s oldest and largest underground lead, zinc, and silver mine. Mining operations were prior to
1985 was integrated with a steel mill and phosphate fertilizer plant.
One of five senior managers. Responsible for the accounting, mining, land administration, property taxes, systems, the Data Centre,
Materials Management and Land Administration. Managed a staff of 36 including 5 direct reports.
5) Coordinator Tax Compliance - Cominco Limited – Head Office
Responsible for the preparation and filing of the company and subsidiary Canadian federal, provincial capital, and mining tax returns.
Also responsible for the quarterly tax provisions and deferred tax accounting.
6)Revenue Agency (CRA) - Business Auditor
Business tax auditor for small businesses in the Okanagan and East Kootenays
7) Shell Canada Ltd.
Chief Accountant - Burnaby Mountain Distribution and Warehouse Centre - responsible for the accounting for the lower mainland
distribution and warehousing center and, Vancouver Internation Airport
Internal Auditor Western Region - responsible for audits of distribution agents and resellers in Western Canada