News & Events

News

Private Pensions and Policy Responses to the Crisis

23-Jun-2009

This report describes why occupational pensions play a major role in OECD countries and worldwide, complementing retirement income from state sources. Their financial importance is highlighted by the volume of assets they manage on behalf of plan members, USD 22 trillion at the end of 2008. Population ageing has also led many OECD countries to undertake a wide range of pension reforms – the overall effect of which has been to reduce public pension promises and in turn to increase the importance of private pension savings for retirement.

Public Consultation: Draft General Guidance on a Policy Framework for Effective and Efficient Financial Regulation and High-level Checklist

18-May-2009

The OECD invited public comments on draft General Guidance on a Policy Framework for Effective and Efficient Financial Regulation and a related High-level Checklist.   The General Guidance contains principles that should be adopted or considered to promote an effective and efficient framework for government intervention and regulation in the financial system.

Private pensions and policy responses to the financial and economic crisis

21-Apr-2009

This paper discusses responses to the current financial and economic crisis by regulators, supervisors and policy makers in the area of private pensions. It focuses on the role of private pensions in complementing public systems and on how to design pension systems to introduce some degree of protection, improve sustainability of funding, enhance management and supervision, and step up disclosure and communication.

Public consultation on the draft IAIS-OECD Issues Paper on Insurer Corporate Governance

17-Mar-2009

The OECD and the IAIS invited public comments on a draft issues paper on the governance of insurers. The purpose of the issues paper is to provide background on insurer corporate governance, describe practices and identify possible regulatory and supervisory issues in relation to the governance of insurers.

OECD launches Private Pensions Outlook

12-Feb-2009

As the role of private pension systems grows in importance, the OECD is monitoring their development and reviewing their performance in an international context. This new publication provides essential data on investments, membership, benefits, and industry structure based on the latest official statistics available, as well as featuring a special report on the implications of the financial crisis for pensions and private pensions policy.

Reform private pensions, says OECD

12-Feb-2009

Private pension funds should be more transparent and better regulated. Their governance and risk management need to be much improved, according to a new OECD report, Private Pensions Outlook.

Strategic options to finance pensions and healthcare in a rapidly ageing world

09-Feb-2009

The financial crisis  is severely testing the soundness of pension and health care systems in OECD countries and many are not passing the test. At the World Economic Forum, Secretary-General Angel Gurría urged policy makers to act.

Business ethics and OECD principles: What can be done to avoid another crisis?

23-Jan-2009

The global economic crisis was partly caused by a failure of business ethics. In response, the OECD is developing a framework to help countries enhance transparency in areas like finance, competition, corporate governance, taxation and pensions, building on instruments such as its Principles of Corporate Governance and Guidelines for Multinational Enterprises 

Asian countries should reform their pension systems

07-Jan-2009

Many Asian countries will need to reform their pension systems in order to deliver sustainable and adequate retirement incomes for today’s workers, according to a new OECD report.

Pension fund losses highlight need for private pension reform, says OECD

11-Dec-2008

The ongoing financial crisis has dealt a heavy blow to private pension systems. The latest issue of Pension Markets in Focus takes a close look at the impact of the crisis and discusses possible policy interventions, both immediate and longer term.


Events

8th OECD-IAIS-ASSAL Conference on Insurance Regulation and Supervision in Latin America, Rio de Janeiro, 9-11 May 2007

from 09-May-2007 to 11-May-2007

This conference discussed current topics in insurance regulation and supervision such as: financial management of large-scale disasters; strengthening of risk awareness and education on insurance issues; information disclosure on financial and insurance products; and development of the life insurance products, namely taxation.

Ask the economists: The pensions challenge - financing retirement

from 29-Mar-2007 to 05-Apr-2007

Is there a perfect pension scheme? Do people understand their pension systems?
A live online question and answer session on the issue of pension reform took place on Thursday 5 April.

First Conference on the Financial Management of Large-Scale Catastrophes, Hyderabad, India, 26-27 February 2007

from 26-Feb-2007 to 27-Feb-2007

Hyderabad, India, 26-27 February 2007.  This conference, organised under the auspices of the OECD International Network on the Financial Management of Large Scale Catastrophes was hosted by the Insurance Regulatory and Development Authority (IRDA) of India, with the sponsorship of the Government of Japan and the General Insurance Corporation of India.

OECD Seminar on "Pension Fund Regulation and Risk Management", Istanbul, 9 November 2006

on 09-Nov-2006

The OECD international seminar on "Pension Fund Regulation and Risk Management", sponsored by Risklab and Allianz Global Investors (AGI), was held back to back with the OECD Global Forum on Private Pension in Istanbul, Turkey on 9 November 2006.

G8 International Conference on Improving Financial Literacy

from 29-Nov-2006 to 30-Nov-2006

This Conference, convened under the auspices of Russia' G8 Presidency, will be held in Moscow on 29-30 November 2006. The aim of the conference is to recognise the increased need for financial education in both developed and developing countries.

OECD/IOPS Global Forum on Private Pensions, 7-8 November 2006, Istanbul, Turkey

from 07-Nov-2006 to 08-Nov-2006

7-8 November 2006, Istanbul, Turkey. The Forum aimed to inform and enlighten the current policy debate on major issues related to private pension reform and encouraged an exchange of experiences derived from innovative policies and programmes across the countries participating.

OECD International Network on Financial Management of Large-scale Catastrophes: Inaugural meeting

on 08-Sep-2006

The High Level Advisory Board of the OECD International Network on Financial Management of Large-Scale Catastrophes held its inaugural meeting at the OECD Headquarters (opening remarks by the OECD Secretary-General). The Network is a strategic forum for the discussion of key issues related to the financial management of large scale catastrophes at a global level, aiming to provide policymakers with state-of-the-art expertise and policy advice.

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 Work on G8 Priorities for 2006 Summit

from 15-Jul-2006 to 17-Jul-2006

This year's G8 Summit took place in Saint Petersburg, Russia. The top priorities laid down by President Vladimir Putin were global energy security, education and fighting infectious diseases. Go here for OECD work on these and other issues discussed at the 2006 Summit.

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.



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