OECD/IOPS Global Forum on Private Pensions: Beijing 14-15 November 2007.

The OECD/IOPS Global Forum on Private Pensions was held on 14 November (afternoon session) and 15 November 2007. This event was co-organised and co-sponsored by the China Insurance Regulatory Commission (CIRC). The OECD/IOPS Global Forum, being a part of the OECD programme of co-operation with non-member economies, was organised under the aegis of the OECD Working Party on Private Pensions, with sponsorship by the Government of Japan, and under the aegis of the IOPS.

The Forum covered a wide range of topics which are of importance to both the countries that either have mature and developed funded pension systems and those countries that have only recently undertaken pension reforms, therefore seeking to modify their existing un-sustainable retirement security arrangements. The issues are also of relevance for the current developments in the Chinese pension system.

The OECD/IOPS Global Forum is unique on the one hand, in that the co-organisation of the conference between the OECD and the IOPS ensures representation from countries with a broad range of private pension arrangements - but all of which are confronted with similar pressures to provide an adequate and sustainable level of retirement security. On the other hand, the Forum provides a valuable international forum to inform and enlighten the current policy debate on major issues related to private pension reform and will encourage an exchange of experiences derived from innovative policies and programmes across the participating countries. The topics of the conference this year were: (1) Pension Investments and Capital Market Development; (2) The Impact of Incentives on Pensions and Insurance Products; 3) Pensions Supervisory Structures; (4) Annuities – Provisions and Risks. A separate panel was devoted to the pensions markets in Asia. These topics were discussed in depth at the meeting within the context of the OECD and IOPS Principles and Guidelines which provide a unique framework for countries introducing and consolidating pension reform strategies.

This Forum brought together senior governmental officials, leading pension policy experts and private pension market representatives from OECD and non-member economies.

Please note that participation was by invitation only.  Further details are available in the Information Note below.

The IOPS Technical Committee meeting, Executive Committee meeting and Annual General meeting took place immediately prior to the Global Forum on Private Pensions, from 13 November to 14 November (morning session).  Agendas for the IOPS Committee meetings and AGM are available on the members only area of the website.

Revised Agenda: Global Forum on Private Pensions

Information Note: Global Forum on Private Pensions

Further information and Forum presentations etc.