18 February 2025, San José, Costa Rica
Pension funds: Challenges in the future
The 2025 International Conference on Private Pensions was organised jointly by the International Organisation of Pension Supervisors (IOPS), International Association of the Latin America Pension Fund Supervisors (AIOS) and Pensions Superintendence of Costa Rica (SUPEN). It gathered high-level officials from regulatory and supervisory authorities, leading experts from pension fund industry and research institutes from both OECD and IOPS Member countries as well as from Costa Rica and the Latin American region. Representatives from international organisations also took part in the IOPS/AIOS/SUPEN International Conference. Discussions focused on:
- The 25 years of multi pillar pension system in Costa Rica: Challenges and way forward
-
Challenges in the future: Demographic changes and their impact on pension systems
-
Life cycle investments: lessons learnt, and challenges faced
- Experiences in retirement products
This event was held back-to-back with the IOPS Committee Meetings on 17 February 2025.
Participation to the International Conference is by invitation only.
____________________________
Opening remarks
-
Mrs Astrid Ludin, Deputy Commissioner, Financial Sector Conduct Authority (FSCA) of South Africa, and IOPS President
- Mr Elio Sánchez, Deputy Superintendent, Superintendence of Banking, Insurance and Pension Funds Administrators (SBS) of Peru, and AIOS President
-
Mr Humberto Grant, President of The National Council for Supervision of the Financial System (CONASSIF), Costa Rica (tbc)
- Mr Rodrigo Arias Sánchez, President of Congress of Costa Rica
SESSION 1: The 25 years of multi pillar pension system in Costa Rica: challenges and way forward
Moderator: Mr Brendan Kennedy, CEO Pensions Authority, Ireland, and Chair of the IOPS Technical Committee
Speakers:
-
Ms Karol Fernández, Executive Vice President, International Federation of Pension Fund Administrators (FIAP)
- Mr Alberto Trejos, Dean, INCAE Business School, Costa Rica
-
Ms Úrsula Schwarzhaupt, Head of Regulation Intendancy, Pensions Supervisor, Superintendent, Pension Superintendency of Chile, and IOPS Vice President
SESSION 2: Challenges in the future: Demographic changes and their impact on pension systems
Moderator: Ms Pamela Jiménez Fontana, Economist, Resident Coordinator Office of the United Nations, Costa Rica
Speakers:
-
Mr Gilbert Brenes, Investigator, Central American Population Center
- Mr Pablo Ibarraran, Head, Labor Market and Social Security Division, IDB
-
Dr Alice Evans, Senior Lecturer in International Development, King's College London
SESSION 3: Life cycle investments: lessons learnt and challenges faced
Moderator: Mr Carlos Ramírez, AIOS past President, IOPS past President, Partner and Co-Director, Integralia Consultores
Speakers:
-
Mr Daniel Derzavich, Institutional Business Development Manager, Vanguard
- Ms Dinar Sukmasari, Director of Pension Fund Supervision, Financial Services Authority (OJK), Indonesia
-
Mr Eric Cheng, Executive Director (Policy), Mandatory Provident Fund Schemes Authority, Hong Kong, China
SESSION 4: Experiences in retirement products
Moderator: Mr Elio Sánchez, President of AIOS and Deputy Superintendent of the Superintendence of Banking, Insurance and Pension Funds Administrators (SBS) of Peru
Speakers:
-
Ms Ana María Brenes, Managing Director, BAC SJ Pensiones
- Mr Francesco Briganti, Secretary General, Cross Border Benefits Alliance-Europe
-
Dr Pablo Antolín, Head of Insurance and Pensions Unit, Directorate for Financial and Enterprise Affairs, Organisation for Economic Co-Operation and Development (OECD)
Closing remarks:
-
Mr Adrián Pacheco, Pension Intendent, Pensions Superintendence of Costa Rica (SUPEN), Costa Rica
- Mr Brendan Kennedy, CEO Pensions Authority, Ireland, and Chair of the IOPS Technical Committee
-
Mr Miguel Ángel Rodriguez, Ex President of the Republic of Costa Rica
|
|

MEETING DOCUMENTS
Agenda
Speaker biographies
Speaker presentations
CONTACT
Johanna PALMI: johanna.palmi@oecd.org
|