Third OECD/INPRS Conference on Private Pensions in Asia and 2004 Asian-Pacific Regional INPRS Meeting

30 March-1 April 2004, Manila, Philippines

These events were jointly organised by the Asian Development Bank (ADB) and the Organisation for Economic Cooperation and Development (OECD) under the aegis of the International Network of Pension Regulators and Supervisors (INPRS) activities. The events were also part of the OECD programme of the Centre for Co-operation with Non-Members, and were co-sponsored by the Government of Japan.

The conference involved discussion of issues relevant to the regulation and supervision of private pensions and insurance companies. It sought to reinforce the development of the activities conducted by the OECD and the ADB in the Asia region and the INPRS regional network, following previous conferences co-organised by the OECD in the region in Korea (2002) and India (2003). The main topics were: (i) general trends on private pension, insurance and financial markets; (ii) governance; (iii) rights of beneficiaries; (iv) investment; regulations; (v) supervision; (vi) pension funds for government workers; and (vii) risk management.

Documentation

• Conference Agenda

Session 1: Opening Remarks

Session 2: Private Pensions and Financial Markets

• Guidelines for Pension Fund Governance, OECD

Session 3: Recent Developments and Outlook for Pension Reform in Asia

Session 4: Pension Fund Investment

• Note on Issues for the Regulation of the Investment of Pension Fund Assets, David Lindeman, OECD
• Survey of Investment Regulation of Pension Funds, Juan Yermo, OECD

Session 5: Pension Fund Governance

Session 6: Investment Choice and Benefit Security in Member-Directed Schemes

• Individual Choice and Financial Education in OECD Countries, Jonathan Gardner, Michael Orszag, United Kingdom

Session 7: Supervisory Structures and Methods

• Supervisory Structures for Private Pension Funds: Survey Analysis, Vinicius Carvalho-Pinheiro, OECD

Session 8: Issues in Pension Reforms for the Civil Service

• Funded Pension Schemes for Government Workers: Proposal for Study, Vinicius Carvalho-Pinheiro, OECD
• Issues Concerning Occupational Schemes for Civil Servants and Other Public Sector Workers, David Lindeman, OECD

Session 9: The Transition to an International Organisation of Pension Supervisors in 2004

Session 10: Pension and Insurance Product Design

Session 11: Risk Management in Pensions and Insurance

• Foreign Investment of Pension Funds, Michael Orszag, United Kingdom