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OECD and IOPS set out blueprint for a licensing regime in the pensions industry

05-May-2008

OECD countries and the International Organisation of Pension Supervisors (IOPS) have agreed new guidelines to help pensions regulators and supervisors improve the way private work-related pension entities, such as pension fund management companies or pension trustees, are managed in order to boost their financial security and performance.

 

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 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.

Life-expectancy links: The quiet revolution in pension policy (Media Briefing)

10-Oct-2007

Continuous growth in life expectancy, often at a more rapid rate than forecast, creates financial challenges for retirement-income systems. Most countries have responded with pension reforms to contain rising pension costs. Around two-thirds of reforms will automatically link future pensions to changes in life expectancy. 

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.

Pensions at a Glance: Public Policies across OECD Countries - Edition 2007

05-Jul-2007

The 2007 edition of Pensions at a Glance has been published in May. It presents a consistent framework for comparing public-pension policies across OECD countries, as well as reliable data. The report provides the basis for not only evaluating existing pension systems, but also designing and implementing future reforms.




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