OECD Working Papers on Finance, Insurance and Private Pensions

12-Dec-2011

OECD Working Papers on finance, insurance and private pensions address such policy issues as risk management, governance, types of investments, benefit protection and financial education.

Pension Funds Investment In Infrastructure: Policy Actions, OECD Working Paper on Finance, Insurance and Private Pensions, No.13

16-Nov-2011

Raffaele Della Croce, Christopher Kaminker, Fiona Stewart

Policy actions proposed in this paper are based on initial OECD research undertaken and are intended to generate debate and discussion. As part of the OECD project “Institutional Investors and Long Term ...

The Role of Guarantees in Defined Contribution Pensions, OECD Working Paper on Finance, Insurance and Private Pensions, No.11

30-Sep-2011

Pablo Antolin, Stephanie Payet, Edward Whitehouse, Juan Yermo

This paper examines the role of guarantees in DC pension plans, in particular minimum investment return guarantees during the accumulation phase. The main goal is to assess the cost and benefits of different ...

The Role of Pension Funds in Financing Green Growth Initiatives, OECD Working Paper on Finance, Insurance and Private Pensions, No.10

01-Sep-2011

Raffaele Della Croce, Christopher Kaminker, Fiona Stewart

Transitioning to a low-carbon and climate resilient economy will require significant investment by private sources of capital. Pension funds and other institutional investors can play an important role ...

Catastrophe Financing for Governments: Learning from the 2009-2012 MultiCat Program in Mexico, OECD Working Paper on Finance, Insurance and Private Pensions, No.9

01-May-2011

Eduard Ponds, Clara Severinson, Juan Yermo

This paper proposes a framework to help policymakers think about how best develop a national strategy to hedge against the massive economic burden of extreme events that could hit their country tomorrow, ...

Funding in Public Sector Pension Plans: International Evidence, OECD Working Paper on Finance, Insurance and Private Pensions, No.8

01-May-2011

Eduard Ponds, Clara Severinson, Juan Yermo

This paper gathers evidence on public sector pension plans regarding the type of pension promise and quantifies the future tax burden related to these pension promises. The reported liabilities are recalculated ...

Reform on Pension Fund Governance and Management: The 1998 Reform of Korea National Pension Fund, OECD Working Paper on Finance, Insurance and Private Pensions, No.7

02-Feb-2011

This paper provides a detailed chronological account of the governance-cum-management reform of National Pension Fund in Korea and analyzes its success factors, drawing lessons for other countries. A review ...

Options to Improve the Governance and Investment of Japan’s Government Pension Investment Fund, OECD Working Paper on Finance, Insurance and Private Pensions No.6

21-Dec-2010

Fiona Stewart and Juan Yermo

This paper suggests avenues for strengthening the governance and management of the Japanese Government Pension Investment Fund (GPIF), the largest single pool of pension assets in the world.

The New IAS 19 Exposure Draft, OECD Working Paper on Finance, Insurance and Private Pensions No.5

08-Sep-2010

At the end of April 2010, the International Accounting Standards Board (IASB) published an exposure draft with proposed changes to International Accounting Standard No. 19 (IAS 19). IAS 19 is the current ...

The Impact of the Financial Crisis on Defined Benefit Plans and the Need for Counter-Cyclical Funding Regulations, OECD Working Paper on Finance, Insurance and Private Pensions No.3

22-Jul-2010

This paper discusses the impact of the crisis on defined benefit (DB) pension schemes and the temporary responses taken by regulators to help ease financially strained plan sponsors. It presents suggestions ...