Overview
Overview
On March 22 and 23, 2007, De Nederlandsche Bank (DNB), Netspar and The International Organisation of Pension Supervisors (IOPS) jointly organize a conference entitled Frontiers in Pension Finance and Pension Reform. This is also the annual Netspar conference. The following renowned opinion makers on pensions will contribute to this promising event: Keith Ambachtsheer, David Blake, Zvi Bodie, Axel Börsch-Supan, Lans Bovenberg, Jon Exley, Jeremy Gold, Richard Hinz, Raimond Maurer and Luis Viceira. The program includes a panel discussion on the future direction of pension reform with governor Nout Wellink from de Nederlandsche Bank, IOPS president John Ashcroft, CEIOPS chairman Henrik Bjerre-Nielsen and academics Zvi Bodie and Lans Bovenberg. The keynote speech will be delivered by Lucas Papademos, vice president of the European Central Bank.
Topics to be covered
- Recent developments in pension finance and actuarial science
- Institutional design of the pension system
- International dynamics in the field of pension supervision
- The future direction of pension reform
Pension finance and pension reform are in a state of flux
Innovations in financial instruments and information technology are increasing the scope for risk sharing and hedging, thus offering substantial efficiency gains. Meanwhile, regulation is aiming to align these developments with those in risk management and disclosure. Improved risk assessment, transparency and governance not only add to the financial soundness of individual institutions, but also strengthen the resilience of the global financial system. At the same time, the ongoing integration of financial markets is affecting the level playing field for financial institutions. And finally, traditional pension paradigms are being revised in line with an increasing awareness of the implications of an aging society for labor markets, capital markets and healthcare.
Improve the efficiency and resilience of pension systems
Pension funds, with their typical organizational design and balance sheet structure, are at the intersection of these far-reaching changes. In particular, the conference will investigate the potential for pension funds, governments and supervisors to improve the efficiency and resilience of pension systems. This conference will aim to provide guidance for future decision-making. It targets prominent scholars on pension theory, established practitioners, as well as influential policymakers and supervisors.
The organizers
Dirk Broeders, Sylvester Eijffinger, Aerdt Houben
