Financial Markets, Insurance and Pensions

News & Events

 

News

Governments and industry should invest more in financial education, warns OECD

29-Apr-2008

Many people have a poor understanding of the financial issues that affect their lives, according to OECD analysis. To help them, OECD countries have agreed new good practices on financial education relating to private pensions and insurance that call on governments and business to work together to improve financial literacy in order to give people the tools they need to secure their future.

OECD Financial Markets Committee calls for fundamental reform of financial markets

15-Apr-2008

Fundamental reform of the financial system and its regulation is needed to address the issues highlighted by the current financial markets crisis, according to the OECD Financial Markets Committee. Priority should be given to private sector initiatives to speed up the recovery of financial markets but government intervention may be needed.

OECD countries stay open to commercial investments by sovereign wealth funds

09-Apr-2008

OECD countries are committed to keeping their investment frontiers open to sovereign wealth funds (SWFs) as long as these funds invest for commercial, not political ends. That is the message in a letter from OECD Secretary-General Angel Gurría to G7 Finance Ministers detailing a common OECD position on policies towards sovereign wealth funds.

OECD countries agree on further liberalisation commitments in insurance and private pensions

22-Feb-2008

OECD countries have agreed on further liberalisation commitments in the areas of insurance and private pensions.  The OECD Code of Liberalisation of Current Invisible Operations has been amended to broaden the insurance obligations of the Code and introduce new obligations on private pensions, thereby establishing a new, high standard for cross-border trade in insurance and private pensions services. 

The OECD will release good practices on financial education relating to private pensions in 2008

30-Jan-2008

After taking into consideration comments and updates received during the public consultation held between 26 June and 1 September 2007, the OECD will release `Good Practices on Financial Education relating to Private Pensions’ and a background report in 2008. 

Draft OECD-IOPS Guidelines on the Licensing of Pension Entities: public consultation results

29-Jan-2008

The public consultation of the draft text of the Guidelines on the Licensing of Pension Entities was closed on 5 October 2007.  After consideration of the comments received by the IOPS and the OECD Working Party on Private Pensions, the results of the public consultation are now available.

The OECD will release good practices for enhanced risk awareness and education on insurance issues in 2008

23-Jan-2008

After taking into consideration comments and updates received during the public consultation held between 26 June and 1 September 2007, the OECD will release `Good Practices for Enhanced Risk Awareness and Education on Insurance Issues’ and a background report in 2008.

OECD and China undertake to carry out research and policy analysis on private pensions in China

13-Sep-2007

OECD and China have signed a Memorandum of Understanding in order to carry out research and policy analysis on private pensions in China. The agreement ultimately aims at developing an occupational pension system in China (called Enterprise Annuities), whose benefits will complement the relatively low pensions that workers receive from the public system.

OECD and IOPS invite public comment on draft guidelines on the licensing of pension entities

27-Jul-2007

The OECD and the International Organisation of Pension Supervisors (IOPS) are inviting public comment on draft guidelines to help pensions regulators and supervisory authorities improve the way occupational, private pension entities, such as pension fund management companies or pension trustees, are managed in order to boost their financial security and performance.

OECD calls for better protection of occupational pension systems

10-May-2007

OECD countries have agreed new guidelines for governments and regulators designed to improve how certain types of pension funds are run with a view to making employees’ pensions more secure.


Events

Eighth roundtable on Capital Market Reform in Asia

from 11-Oct-2006 to 12-Oct-2006

This year’s Roundtable focused on: Capital Market Reforms in Asia: Issues, Progress and Challenges; Financial Policy Landscape; Competition and Integration of Exchanges and its Implications for Regulators; Corporate Governance: Methodology for Assessment of the Implementation of the OECD Principles and Discussion of Progress; International Convergence of Accounting Standards.

OECD Conference on Financial Education

from 21-Sep-2006 to 22-Sep-2006

Organised in New Delhi on 21-22 September 2006, this conference addressed a wide range of issues related to the development of education programmes for specific financial topics – including financial markets, private pensions and insurance - and also covered policy issues related to the public awareness campaigns and the disclosure of information.

OECD/IOPS Conference on Private Pensions in Latin America: 29-30 March 2006, Santiago, Chile

from 29-Mar-2006 to 30-Mar-2006

The focus was an evaluation of the private pension system in Chile and the lessons that can be drawn from Chile’s experience, for other countries. The following topics were discussed: the challenge of coverage, constraints in payout phase of pension systems, risk management in defined contribution schemes, risk based supervision, the challenge of investment choice and pension fund cost management. The conference also provided an opportunity to present the OECD best principles and practices.

Seventh Roundtable on Capital Market Reform in Asia

from 27-Oct-2005 to 28-Oct-2005

Taking place in Tokyo, Japan, this year’s Roundtable focused on: Financial Policy Landscape; Integration of Capital Markets in the Asian Region; Investor Education; Developments in Venture Capital and Private Equity since the end of the “Tech Bubble”; Governance Issues Related to Securities Markets.
 

OECD/IOPS Conference on Private Pensions in Asia

from 27-Apr-2005 to 28-Apr-2005

This conference, jointly organised by OECD and IOPS, took place on 27-28 April 2005 in Bangkok, Thailand. It aimed to provide an international forum for the discussion on specific policy issues and challenges in the implementation of pension reforms in Asia, with a particular focus to be laid on the reform process in Thailand and on “best practice” regulatory mechanisms used in the OECD countries to ensure efficient and appropriate pension provision under diversified approaches in the design of the retirement schemes.

OECD/INPRS Forum on Private Pension Reform in Emerging Countries

from 12-Jul-2004 to 13-Jul-2004

The 2004 INPRS/OECD Forum on Private Pension Reform in Emerging Economies took place in Paris, France on 12-3 July 2004. This meeting lead to the establishment of a new, formal association of pension supervisors, the International Organisation of Pension Supervisors (IOPS).

Fourth OECD Workshop on Housing Finance in Transition Economies

from 14-Dec-2004 to 15-Dec-2004

This workshop, held in Paris, France, focused on five issues: overview of mortgage markets in the region; effective housing finance systems for the low-income market; safety and soundness of mortgage markets;  innovations in mortgage insurance; and development of different secondary mortgage markets and instruments.

2nd EIR/OECD Conference on Pensions and Long-run Investments, Paris, 2 April 2004

on 02-Apr-2004

The 2nd EIR/OECD Conference on Pensions and Long-run Investments was organised at the OECD Headquarters in Paris on 2 April 2004. Over 50 guests were present, including private sector, researchers and pension regulators. The event was opened by William Witherell, Director of DAFE, OECD. The focus of the event was on pension fund investment in both DB and DC systems. The first part of the meeting focused on DB plans. Asset-liability modelling models and the implications of ageing for defined benefit plans were discussed in detail. The second half of the meeting looked at the new DC plans in Ireland, the OECD on-going work on statistical data collection and regulatory policies for private pension systems.

Third International OECD Conference on Private Pensions in Brazil, Rio de Janeiro, Brazil, 3-4 May 2004

from 03-May-2004 to 04-May-2004

The Third International OECD Conference on Private Pensions in Brazil will  be held in  Rio de Janeiro, Brazil on the 3rd and 4th of May at the Hotel Intercontinental. This seminar is jointly organised by the OECD and the Brazilian Ministries of Finance and of Pensions under the aegis of the OECD programme of the Centre for Co-operation with Non-Members. The event is co-sponsored by the government of Japan and by the National Association of Private Pension (ANAPP) of Brazil.

Third OECD/INPRS Conference on Private Pensions in Asia and 2004 Asian-Pacific Regional INPRS Meeting, 30 March - 1 April 2004, Manila, Philippines

from 30-Mar-2004 to 01-Apr-2004

The 3rd Conference on Private Pensions in Asia was held in Manila, the Philippines from 30 March – 1 April 2004. 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.



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