Ageing, Pension Risk Management and Financial StabilityInternational Monetary Fund and De Nederlandsche Bank Seminar
February 15, 2007 — IMF Headquarters, Washington, D.C.
The International Monetary Fund (IMF) and De Nederlandsche Bank (DNB, the Dutch central bank) co-hosted a seminar on Ageing, Pension Risk Management and Financial Stability to discuss with a group of high-level policy makers, private sector practitioners, and academics key issues related to ageing and pension risk management, which are increasingly important for global financial stability.
In the first panel discussion, participants examined the impact of pension-related asset-liability management behavior on the broader financial markets and financial system, including pension risk management challenges, such as the expansion or development of certain markets, and the transfer of risk to the household sector. The second panel discussion focused on how pension funds are addressing specific regulatory, supervisory, and accounting reforms, and how their behavior can influence financial stability.
Given demographic trends around the world, the fiscal, financial market, and social challenges related to ageing are likely to increasingly dominate policy agendas, and the work outlined today by the panelists and the seminar participants will continue to influence policy decisions and financial stability analysis.
The one-day seminar was by invitation only.
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