    
The 4th Contractual Savings Conference Regulatory and Supervisory Issues in Private Pensions and Life Insurance April 2-4, 2008 IFC Auditorium ▪ World Bank Group▪ 2121 Pennsylvania Ave. NW Washington, DC 20433 Organized by: The World Bank Group Supported by: The International Organization of Pension Supervisors (IOPS) Over the past several decades privately managed pensions have evolved from their origins as a supplemental form of deferred compensation to become an important, and in some cases central element of social insurance systems. The wave of innovation and reforms in Latin America and Eastern Europe beginning in the early 1980s transformed pension funds from primarily employer supported arrangements into more diverse forms. Contractual Savings (private pension and life insurance) funds in a number of countries accumulated asset levels exceeding those of more traditional financial institutions, in some cases more than 100% of GDP, leading to an equal increase in attention to their systemic importance. Concerns about the capacity of these funds to produce adequate levels of income at the pay-out phase also focused attention on the efficiency of their design and operation, as well as their appropriate assessment of their risk and supervision. In this regard the 4th Contractual Savings Conference will offer a platform for more than 120 policymakers and practitioners from around the World to discuss the implementation issues facing private pension and life insurance systems as well as provide them with practical solutions. The program will include presentations on trends and new developments in the sector as well as country case studies on implementation issues. The conference is scheduled to take place at the IFC Auditorium of the World Bank Group, in Washington, DC, April 2-4, 2007 and will focus on three areas: Ø Implementation of risk-based supervision for pensions Ø Development of sound annuities markets Ø Improving efficiency and lowering costs of private pensions and life insurance systems To obtain a copy of the conference registration package please click here. |