Draft good practices on financial education relating to private pensions

Between 26 June and 1 September 2007, OECD invited public comments on the draft Good Practices for financial education relating to pensions from stakeholders with expertise in pensions and/or education issues – i.e. governments, pensions supervisors, ombudsman, pensions market players and their national associations, consumer associations, as well as NGOs, corporations and trade unions that play specific role in these areas.
These first set of general good practices for financial education relating to pensions are expected to be complemented by more detailed guidance on specific fields and issues that deserve more tailored recommendations.
The OECD would like to thank all stakeholders who provided most insightful and useful comments on this first set of good practices in the pension sector and on financial education issues in general. Some minor drafting changes have been made to the good practices themselves, and many of the comments and views have been incorporated into the background paper on ‘Financial education and saving for retirement’.
Both the Good Practices and the background report will be released in 2008.