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Technology and Pensions

Innovative applications of technology for financial services, or FinTech, are already being used to improve communication with consumers and their engagement with their pension plans. This report provides an overview of how technology is being used to improve pension design and delivery and how regulators are managing these changes.




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Pensions reforms have slowed in OECD countries but need to continue

Further reforms are needed across OECD countries to mitigate the impact of population ageing, increasing inequality among the elderly and the changing nature of work, according to a new OECD report. Pensions at a Glance 2017 says that public spending on pensions for the OECD as a whole has risen by about 1.5% of GDP since 2000. However, the projected pace of spending growth has slowed substantially.




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International Seminar on Pension Supervision and Regulation 2018

23 February 2018, Dublin - This event focussed on how to build better retirement by ensuring value for money, implementing automatic enrolment and designing retirement pay-outs.




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Latvia should raise basic pension to reduce pensioner poverty

Latvia should strengthen old-age safety nets and raise the basic state pension in order to reduce pensioner poverty, especially among women, and address the challenge of a fast declining population, according to a new OECD report.




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Financial markets, insurance and pensions: Digitalisation and Finance

This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved.




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2018 OECD/IOPS Global Forum on Private Pensions

25-26 October 2018, Beijing, China - The 2018 Global Forum was entitled “Designing pension systems to cope with the ageing challenge” and was jointly organised by the OECD, the International Organisation of Pension Supervisors (IOPS) and the China Banking and Insurance Regulatory Commission (CBIRC), China.




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Improvements to pension systems have made them better placed to deliver pensions

Improvements in the design of pension systems over the last decade in OECD countries have made them more financially sustainable and governments should now focus on ensuring they provide people with an adequate retirement income, according to a new OECD report.




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Launch of the OECD Pensions Outlook 2018

3 December 2018 - Every two years, the OECD Pensions Outlook provides an analysis of the main policy issues affecting pensions in OECD countries and assesses trends in retirement income systems. It discusses policy initiatives for strengthening pension systems, funded private pension systems in particular.




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OECD Insurance and Private Pensions Committee Elects New Chair

07/03/2019 - The OECD Insurance and Private Pensions Committee (IPPC) has confirmed the appointment of Mr Yoshihiro Kawai, Advisor to the Commissioner, Japan Financial Services Agency, as its Chair.




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IOPS International Conference on Pension Supervision and Regulation 2019

7 March 2019 - The International Conference on Pension Supervision and Regulation this year will focus on Options for creating sustainable pension systems in emerging markets and will take place in New Delhi, India.




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Portugal’s pension system needs to prepare for rapid population ageing

Portugal needs to reform its pensions system to address the challenges of a fast-shrinking workforce and high levels of old-age inequality, according to a new OECD report.




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Pension Funds in Figures 2019

31/05/2019 - Preliminary data for 2018 show that assets in pension funds amounted to USD 27.6 trillion in the OECD area, close to 4% lower than in 2017. Calculated in national currencies, pension fund assets declined in 12 out of 34 reporting OECD countries, including some of the largest pension markets: Japan (-1.1%), the Netherlands (-1.2%), Switzerland (-0.7%), the United Kingdom (-0.3%) and the United States (-5.0%).




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Reforming the Pension System in Turkey 2019

This paper studies the case of Turkey and suggests several tools to promote retirement planning. Section I provides a review of the traditional and behavioural policy instruments designed to promote retirement savings, along with a discussion on their effectiveness.




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Will future pensioners work for longer and retire on less? (Policy Brief)

This policy brief analyses the impact of reforms in recent decades on pension systems, including comparisons of the pensions people starting work today can expect compared to the pensions of people who retired recently.




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Annual Survey of Investment Regulation of Pension Funds

Each year, the OECD publishes a survey of the investment regulation of pension funds which describes the main quantitative investment regulations applied to pension funds in 77 economies. The survey questionnaire covers all types of pension plans financed via pension funds.




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OECD review of pension systems in Peru

This review assesses Peru’s pension system in its entirety, looking at both public and private, pay-as-you-go (PAYG) financed and funded pension provisions. The review then provides policy options to help tackle old-age poverty; establish a solid framework for the contributory pension system to meet its objectives.




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Pension Markets in Focus

Pension assets have been growing over the last decade, reaching USD 44.1 trillion worldwide at the end of 2018, despite a decline relative to end-2017. This trend is attributable to positive real net returns over the long term, and to increased contributions paid as more people are being covered by a pension plan in a number of countries, especially in those with recent mandatory or auto-enrolment programmes.




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Countries should strengthen pension systems to adapt to changing world of work

Governments should urgently reform their pension systems to ensure that the growing share of workers in temporary or part-time employment can contribute enough during their working lives to receive an adequate income in retirement, according to a new OECD report.




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Annual Survey of Large Pension Funds and Public Pension Reserve Funds

This annual survey monitors and compares the investment behaviour, asset levels, and performances of the largest institutional investors in each region or country covered and analyses in greater depth the general trends observed at a national level.




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Pension Policy Notes and Reviews

The Pension Policy Notes summarise the main features of countries’ pension systems and the policy challenges each of them faces and the Pension Policy Reviews provide an in-depth analysis of the different components of countries’ pension systems.




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Labour migration: Germany is open to graduates but immigration is difficult for medium-skilled workers

Germany is one of the OECD countries with the lowest barriers to immigration for high-skilled workers. However, long-term labour migration is low in comparison with other countries.




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Pensions at a Glance 2011 - Luxembourg country profile

The country profile: pension eligibility ages and other qualifying conditions; the rules for calculating benefit entitlements; the treatment of early and late retirees; personal income tax and social security contributions.




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OECD Compendium of Agri-environmental Indicators

Evidence for the agricultural sectors of OECD countries from 1990 to 2010 shows improvements have been made in nutrient, pesticide, energy and water management, using less of these inputs per unit volume of output, according to this report. Environmentally beneficial practices by farmers, such as conservation tillage, improved manure storage, soil nutrient testing and drip irrigation, have also contributed to improvements.




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Mr. Angel Gurría, Secretary-General of the OECD, in Madrid on 2nd December 2019 to attend opening of the COP25

Mr. Angel Gurría, Secretary-General of the OECD, will be in Madrid on 2nd December 2019 to attend the official opening of the UN Climate Change Conference (COP25).




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Measuring the potential of local green growth: An analysis of Greater Copenhagen

Secretary-General Angel Gurría addresses the Lord Mayor of Copenhagen and others to discuss highlights of the forthcoming OECD report on local green growth, as part of our efforts to develop more effective tools for measuring cities’ progress and monitoring the impact of green policies.




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Report: Measuring the potential of local green growth - An analysis of Greater Copenhagen

This report presents, for the first time a local ‘green growth’ indicator framework. This indicator framework was developed from the OECD ‘green growth’ strategy at the national level, but modified to highlight issues of transition that are most relevant for local areas.




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The Debate over Circumcision - Its Effects on Penis Health and Sensation

To circumcise or not to circumcise? This has been a touchy subject in the medical community for years, with those in favor of circumcision arguing that it is necessary to prevent disease, and those who are against the procedure insisting...




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Labour migration: Germany is open to graduates but immigration is difficult for medium-skilled workers

Germany is one of the OECD countries with the lowest barriers to immigration for high-skilled workers. However, long-term labour migration is low in comparison with other countries.




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Pensions at a Glance 2013 - Highlights for Germany

Future retirees may expect low pension replacement rates in Germany. Public transfers currently represent a large share of older people’s income in Germany despite a significant increase in employment rates at older ages work...




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Pensions at a Glance 2015: Highlights for Germany

This 4-page online document presents the key findings from OECD Pensions at a Glance 2015 and why it is important for Germany. It also identifies two key pension policy measures which would help improve the performance of pension systems in Germany.




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Pensions at a Glance 2017 - Key findings for Germany

Key findings for Germany from the report "Pensions at a Glance 2017"




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Pensions at a Glance 2017 - Key findings for Germany in German

Renten auf einen Blick 2017: Wie steht DEUTSCHLAND im Vergleich da?




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Antimikrobielle Resistenz (AMR) in Deutschland stoppen

Die Resistenzraten für acht Antibiotikum-Bakterium Kombinationen sind in Deutschland zwischen 2005 und 2015 von 12% auf 10% gesunken, könnte aber bis zum Jahr 2030 wieder auf 13% ansteigen, falls die Trends im Antibiotika-Konsum, sowie beim Bevölkerungs- und Wirtschaftswachstum anhalten. Der Resistenzraten in Deutschland lagen im Jahr 2015 unter dem OECD-Durchschnitt (17%).




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Pensions at a Glance 2019 - Key findings for Germany in German

Renten auf einen Blick 2019: Wie steht DEUTSCHLAND im Vergleich da?




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Pensions at a Glance 2019 - Key findings for Germany

Key findings for Germany from the report "Pensions at a Glance 2019"




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Report: Measuring the potential of local green growth - An analysis of Greater Copenhagen

This report presents, for the first time a local ‘green growth’ indicator framework. This indicator framework was developed from the OECD ‘green growth’ strategy at the national level, but modified to highlight issues of transition that are most relevant for local areas.




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Labour migration: Germany is open to graduates but immigration is difficult for medium-skilled workers

Germany is one of the OECD countries with the lowest barriers to immigration for high-skilled workers. However, long-term labour migration is low in comparison with other countries.




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People First! - Secretary-General's Opening Remarks to OECD Forum 2013

This OECD Forum and the Ministerial Council Meeting that follows, are precisely about people. This is the raison d’etre of this event: the wellbeing of our people. So be confident, you are at the right place, this Conference is about you, and your families, and your friends, and their dreams, fears and opportunities, said Angel Gurría.




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Economic stagnation compounds demographic pressure on pension systems, says OECD

Low growth, low interest rates and low returns on investment linked to the slow global economy are now compounding the problems of population ageing for both public and private pension systems, according to a new OECD report.




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Launch of OECD Pensions Outlook 2014

The 2014 edition of the OECD Pensions Outlook explores the crucial and far-reaching challenges that pension systems are currently facing. This report was released at a launch event in London on 8 December 2014.




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How the Labour Market Drives Mismatch and its Penalties

Why are workers mismatched in the first place? Many, if not most, students choose a field of study based on what they want to become and do to earn a living. Yet almost four in ten workers end up doing something unrelated. This is sometimes by choice but not always.




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Further reforms needed to tackle growing risk of pensioner poverty

Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.




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Policy brief on the Future of Work: Automation and independent work in a digital economy

OECD analyses have begun to understand the relationship between digitalisation, jobs and skills, the magnitude of potential job substitution due to technological change, the relationship between globalisation and wage polarisation, as well as the changes to the organisation of work.




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Reforming Brazil’s pension system

Brazil’s old-age pensions have reduced old-age poverty below OECD levels, but pension expenditures of 8.2% of GDP are expected to rise rapidly as the population ages. A pension reform is necessary to ensure the financial sustainability of the system.




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'31 October': Opens Up Wounds That Never Healed

'31 October'; Director: Shivaji Lotan Patil; Starring: Soha Ali Khan, Vir Das; Rating:***




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Independence of Regulators and Protection against Undue Influence

OECD work on the independence of regulators and how to protect them from undue influence. Information includes new data from a survey of 48 regulators across the world.




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Openness and Transparency - Pillars for Democracy, Trust and Progress

Openness is one of the key values that guide the OECD vision for a stronger, cleaner, fairer world. This is why the OECD welcomes the launch of the Open Government Partnership today and the efforts led by Presidents Obama and Rousseff to promote government transparency, fight corruption, empower citizens and maximise the potential of new technologies to strengthen accountability and foster participation in public affairs.




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OECD seriously concerned at lack of foreign bribery convictions in France, but recognises recent efforts to ensure independence of prosecutors

France should intensify its efforts to combat the bribery of foreign public officials. Only five convictions – of which one, under appeal, involves a company – have been handed down in twelve years.




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Georgia should strengthen civil service and independent judiciary to build on anti-corruption progress

Georgia has achieved significant progress in reducing corruption over the past decade. To build on this progress, the Government should focus on strengthening its professional civil service and ensure independence of the judiciary, according to a new OECD report.




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Statement of OECD Working Group on Bribery on Spain’s efforts to amend its Penal Code and to enforce its foreign bribery offence

The OECD Working Group on Bribery supports Spain’s efforts to further reform its Penal Code to bring its anti-bribery law into line with its international obligations under the OECD Convention on Combatting Bribery of Foreign Public Officials in International Business Transactions.