IOPS Committee Meetings and OECD Working Party on Private Pensions, 19 – 21 June 2017

Working sessions were conducted on solvency; interest rates of defined benefit arrangement; financial incentives; retirement savings; designs of private pensions; lending activities and cost of running private pensions. The seminar focused on pensions foresight: envisaging retirement income plans for the future and included discussion on the sustainability and adequacy of pension arrangements in light of the challenges facing pension systems - ageing population, current environment of low growth and low returns. It also covered the relationship between mature labour force participation; pensions policy; how current pension designs might evolve in the future and the lessons drawn from the recent past. The topics discussed have a significant bearing on future policy orientation with respect to pensions regulation and supervision.