The OECD and IOPS invited comments on the draft OECD/IOPS Good Practices for Pension Funds’ Risk Management Systems between 5 July and 3 September 2010. These draft good practices aim to outline the main features of risk management systems which pension funds employ.
Discussions at this high-level event focused on financial literacy, behavioural economics and financial education and the importance of financial education in defined contribution pension schemes.
Specialists in terrorism insurance and disaster management re-assessed the state of terrorism insurance markets, discussed promoting awareness of terrorism risks and reviewed the status of terrorism risk insurance programmes in different countries.
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This document contains the proceedings from a Conference on Terrorism Risk Insurance held in Paris on 1-2 June 2010.
Building on the OECD's internationally recognised standards in the area of financial education, participants in this event shared best practices and experiences in the fields of financial education and literacy. As a result, they were better equipped to address their national and regional challenges in these policy areas.The workshop was co-hosted by the Reserve Bank of India and the OECD and was sponsored by the Government of Japan.
This conference aimed to advance and elevate the dialogue on financial education in the international arena, focusing on financial education strategies in Latin America.
The Global Forum examined reform progress and recent pension fund industry developments in Brazil and the Latin American region, focusing on the main challenges facing defined contribution privately-managed individual pension schemes which are the main type of retirement arrangements in the region, including risk- transfer and the design of pay-out phase.
This event focused on Thailand and South East Asia five years after the tsunami, the threats of global warming, natural hazard awareness and disaster risk reduction education, hazard mapping, risk assessment, insurance coverage of natural catastrophe risks; and catastrophe-linked securities and the role of capital markets in promoting the growth of global capacity to absorb natural catastrophe risks.
This conference focused on corporate governance of insurance companies, the role of financial intermediaries in financial education and annuities and pension.
The Global Forum addressed a wide range of issues of high relevance to national policy debate on retirement savings in both developed and emerging economies.