World Bank/IOPS 4th Contractual Saving Conference: Supervisory and Regulatory Issues in Private Pensions and Life Insurance

World Bank headquarters, Washington DC
2-4 April 2008

The past two decades have witness unparalleled growth in contractual savings (life insurance and private pension funds' assets). in many countries contractual savings are accumulating at rates higher than GDP growth and in some pension institutions are playing a more important role in the financial sector. The growing importance of contractual savings in capital and equity markets and demographic forces have increased the pressure on government sto reform their pension systems, and to choose effective regulations and policies for the pension providers and other related institutions.

Given the overwhelming acceptance of the previous conferences, the World Bank organised the 4th Contractual Savings Conference: Supervisory and Regulatory Issues in Private pensions and Life Insurance. This conference focused on the development of annuities markets, risk-based supervision of pension funds and competitions and consumer issues. Particular attention was given to various country case studies and implementation issues during the conference to provide for the enhancement of technical skills and allow conference participants to benefit from internaitonal experience in the topics being presented.

The key objective of the conference was to provide a platform for senior government officials, staff in multilateral agencies, academics and market practitioners to discuss the role of contractual savings in developed and developing economies, examine means of fostering market development and analysing and reviewing cutting edge regulation and supervision related to contractual savings institutions, and identify best practices. 

Material (papers and presentations) from the event are available via the following link:Conference Website