This publication helps policy makers to better understand annuity products and the guarantees they provide in order to optimise the role that these products can play in financing retirement. Product design is a crucial factor in the potential role of annuity products within the pension system, along with the cost and demand for these products, and the resulting risks that are borne by the annuity providers. Increasingly complex products, however, pose additional challenges concerning consumer protection. Consumers need to be aware of their options and have access to unbiased and comprehensible advice and information about these products.
The OECD Pensions Outlook 2016 assesses policy issues regarding strengthening pension systems and, in particular, funded pension plans. It covers defined benefits and defined contribution pension plans; fiscal incentives to save for retirement; policy measures to improve the financial advice for retirement; annuity products and their guarantees; pension design and financial education; and the pension arrangements for public-sector workers, including a comparison with those for private sector workers.
Good morning everyone. It is a pleasure for me to be here today to launch the 2016 OECD Pensions Outlook. I’m glad to see great friends and experts on one of the defining issues of our era. Good to see Phyllis Borzi and Ambrogio Rinaldi with us today.
Every two years, the OECD Pensions Outlook provides an analysis of the main policy issues affecting pensions in OECD countries and assesses trends in retirement income systems. It discusses policy initiatives for strengthening pension systems, funded private pension systems in particular.
De plus en plus, des dispositifs de retraite dont les prestations sont adossées à des actifs viennent compléter le revenu servi à la retraite par des entités publiques, dans les pays de l’OCDE et dans le monde entier, notamment là où existe un lien direct entre cotisations, actifs et prestations.
English, PDF, 714kb
The OECD International Network on Financial Education developed two practical policy tools to support policy makers in identifying financial education needs for retirement and in improving their financial education efforts in this area. The two policy tools include this checklist and a matrix contained in Chapter 5 of the 2016 OECD Pensions Outlook.
Les Perspectives de l’OCDE sur les pensions 2016 s’intéresse aux politiques publiques qui visent à renforcer les régimes de retraite, en particulier les régimes par capitalisation.
English, PDF, 1,385kb
This article provides an overview of the evolving investment strategies of insurers and identifies the opportunities and constraints they may face with respect to long-term investment activity. It investigates the extent to which changes in macroeconomic conditions, market developments and insurance regulation may affect the role of insurers in long-term investment financing.
English, PDF, 434kb
This article provides an overview of the analytical tools used by insurance regulators and supervisors for the purposes of market and macro-prudential surveillance. The article provides a point of reference on the use of analytical tools for market surveillance and is intended to inform the further development of the OECD Global Insurance Statistics framework.
The 2016 OECD Core Principles of Private Pension Regulation provide governments, regulators and supervisors worldwide with a relevant common benchmark and high-level guidance on the design and operation of private pension systems.