The 2018 edition of the OECD Pensions Outlook examines how pension systems are adapting
to improve retirement outcomes. It focuses on designing funded pensions and assesses
how different pension arrangements can be combined taking into account various policy
objectives and risks involved in saving for retirement. It looks at how countries
can improve the design of financial incentives, and presents policy guidelines on
aligning charges and costs of providing funded pensions.
This edition also draws lessons from nationally significant investment institutions
on strengthening the governance, investment policies and investment risk management
of pension funds. It provides guidelines on improving retirement incomes considering
behavioural biases and limited levels of financial knowledge, and discusses the implications
of mortality differences on retirement incomes across different socioeconomic groups.
Lastly, it examines whether survivor pensions are still needed.