Tuesday, 20 December 2016

Two recent OECD publications , around the issues of ' funded private pensions ' and ' life annuity products ' - advice from OECD news bulletins

Cover of OECD Pensions Outlook 2016
Design of funded private pensions needs to be improved
The OECD Pensions Outlook 2016 assesses policy issues regarding strengthening pension systems and, in particular, funded pension plans.  It covers defined benefits and defined contribution pension plans; fiscal incentives to save for retirement; policy measures to improve the financial advice for retirement; annuity products and their guarantees; pension design and financial education; and the pension arrangements for public-sector workers, including a comparison with those for private sector workers.
Press Release
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Cover of Life Annuity Products and Their Guarantees
Life Annuity Products and Their Guarantees
This publication helps policy makers to better understand annuity products and the guarantees they provide in order to optimise the role that these products can play in financing retirement. Product design is a crucial factor in the potential role of annuity products within the pension system, along with the cost and demand for these products, and the resulting risks that are borne by the annuity providers.
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