Formed in July 2004, the IOPS was instigated by the Organisation for Economic Co-operation and Development (OECD) and the International Network of Pension Regulators and Supervisors (INPRS).
The major goal of the IOPS is to improve the quality and effectiveness of the supervision of private pension systems throughout the world, thereby enhancing their development and operational efficiency, and allowing for the provision of a secure source of retirement income in as many jurisdiction as possible.
The Organisation cooperates closely with other international organisations involved in pension supervision policy development and dialogue, including the OECD, the World Bank, ISSA, IAIS and IMF.
Our Main Objectives
IOPS aims to set international standards on pension supervisory issues, whilst taking into account the variety of different pension systems in various jurisdictions. Our main objectives can be summarized as:
- to serve as a standard-setting body on pension supervisory matters and regulatory issues, related to pension supervision
- to promote international co-operation on pension supervision and encourage international contact among pension supervisors and other relevant parties
- to provide a worldwide forum for policy dialogue on pension supervision and exchange of information between members of IOPS
- to participate in the work of relevant international bodies related to development and promotion of the implementation of international principles, standards, and good practices in pension regulation
- to assist countries with less developed private pension arrangements through policy dialogue, appropriate technical support and relevant research, in close co-operation with relevant international bodies and other technical assistance programmes.
Standard Setting and Research
Drawing on the IOPS Principles of Private Pension Supervision, a series of Guidelines and Good practices on various issues are being developed to help supervisory regimes throughout the world to be in line with international standards. See IOPS Principles, Guidelines and Good Practices
Research projects are proposed and developed by IOPS Members through participation in project teams – ensuring the great involvement, relevance and commitment to all projects undertaken.
Our main on-going research projects include yearly data collection, updates on pension systems information and the guidelines for risk-based supervision. The Working Paper Series offer a review of all the projects conducted with our Member jurisdictions, on various critical subjects (such as, for example, digital supervision, risk-based supervision of investment, decumulation phase, consumer protection, etc.).
The IOPS operates by an Executive Committee and a Technical Committee assisted by a Secretariat. Participation in the Technical Committee meetings is open to all IOPS Members.
IOPS currently has 90 Members and Observers representing supervisory bodies from 79 jurisdictions and territories worldwide, covering all levels of economic development and bringing together all types of pension or supervisory systems.
IOPS holds a variety of events yearly, including Committee meetings, regional seminars and training workshops. Executive Committee meetings and Technical Committee meetings are usually held three times a year. The IOPS Annual General Meeting is held once a year. All IOPS Members and Observers are invited to attend the AGM in order to formally approve standards, working papers and administrative issues.
All IOPS Members and Observers of the IOPS are invited
IOPS Articles of Association
Please find below the latest version of the IOPS Articles of Association:
- Revised Articles of Association of the IOPS (English version, pdf)
- Statuts révisés de l'OICP (French version, pdf)