August 2022

Implementación de tecnologías innovadoras en la Superintendencia de Banca, Seguros y AFPS

El presente informe describe mi trayectoria profesional desde la experiencia y los logros alcanzados en el desempeño de diferentes cargos y funciones, principalmente como Gerente de Tecnologías de Información de la Superintendencia de Banca, Seguros y Administradoras Privadas de Fondos de Pensiones (SBS) del Perú. Para ello, es necesario destacar el perfil de un Ingeniero de Sistemas de la Universidad de Lima, que se caracteriza por el balance correcto entre sus habilidades técnicas y de gestión. De esta forma,...

November 2021

Consultation outcome. Government response: The Occupational and Personal Pension Schemes (Conditions for Transfers) Regulations 2021

By Department for Work and Pensions A key ambition of this government is to drive better outcomes for pension savers and help ensure they achieve the best possible retirement. This can only be achieved by putting the members’ interests at the heart of policy. I previously set out my commitment to protect savers from pension scams. An important part of that is to make it as hard as possible for criminals to carry out their malevolent intentions. We know that individuals...

April 2020

Cost and past performance 2020 report

By EIOPA The European Insurance and Occupations Pensions Authority (EIOPA), has today published its second report on cost and past performance of insurance-based investments products (IBIPs) and personal pension products (PPPs) in the European Union. The report is published following a request from the European Commission to the European Supervisory Authorities to periodically report on the costs and past performance of retail investment products. This report provides an analysis of costs for 2018 and past performance for the period...

November 2019

Stewardship in the UK – The 2019 Draft Stewardship Code in Context

By Eva Micheler (London School of Economics - Law Department) The article interrogates the idea of creating a market for stewardship and identifies obstacles that stand in the way of such a market. In particular tax relief for pension investments deprives pension investors from an incentive to monitor investment and demand stewardship activity by their service providers. By granting tax relief the government has become a financial contributor to and a stakeholder in the financial services industry that services pensions....

July 2019

Individual Retirement Accounts: Formalizing Labor's and IRS's Collaborative Efforts Could Strengthen Oversight of Prohibited Transactions

By Jay McTigue, Charles A. Jeszeck, MaryLynn Sergent, David Lehrer, Ted Burik, Susan Chin, Steven Flint, Emily Gruenwald, Mark Kehoe Mark Kehoe, Jungjin Park, David Reed, James Bennett, Amy Bowser, Jacqueline Chapin The Department of Labor (DOL) has a process to grant administrative exemptions for individual retirement account (IRA) transactions that would otherwise be prohibited by law, such as an IRA buying investment property from the IRA owner. DOL evaluates applications using statutory criteria and follows administrative procedures codified...

Individual Retirement Accounts: Formalizing Labor’s and IRS’s Collaborative Efforts Could Strengthen Oversight of Prohibited Transactions

By Jay McTigue, Charles A. Jeszeck, MaryLynn Sergent, David Lehrer, Ted Burik, Susan Chin, Steven Flint, Emily Gruenwald, Mark Kehoe Mark Kehoe, Jungjin Park, David Reed, James Bennett, Amy Bowser, Jacqueline Chapin The Department of Labor (DOL) has a process to grant administrative exemptions for individual retirement account (IRA) transactions that would otherwise be prohibited by law, such as an IRA buying investment property from the IRA owner. DOL evaluates applications using statutory criteria and follows administrative procedures codified...

April 2019

Cyber Security: 15th International Annual Conference, CNCERT 2018, Beijing, China, August 14–16, 2018, Revised Selected Papers

By Xiaochun Yun, Weiping Wen, Bo Lang, Hanbing Yan, Li Ding, Jia Li, Yu Zhou This open access book constitutes the refereed proceedings of the 15th International Annual Conference on Cyber Security, CNCERT 2018, held in Beijing, China, in August 2018. The 14 full papers presented were carefully reviewed and selected from 53 submissions. The papers cover the following topics: emergency response, mobile internet security, IoT security, cloud security, threat intelligence analysis, vulnerability, artificial intelligence security, IPv6 risk research, cybersecurity...

IMPACT OF DIGITALISATION OF FINANCIAL SERVICES ON PENSION SUPERVISORY PRACTICES: CASE STUDIES

By Nina Paklina As the proportion of retirement income provided by private pensions becomes increasingly important, the quality and effectiveness of their supervision becomes more and more crucial. The IOPS Working Paper Series, launched in August 2007, highlights a range of challenges to be met in the development of national pension supervisory systems. The papers review the nature and effectiveness of new and established pensions supervisory systems, providing examples, experiences and lessons learnt for the benefit of IOPS members...

March 2019

Impact of the digitalisation of financial services on supervisory practices in the private pension sector case study: Mexico

By the National Commission of the Retirement Savings System (CONSAR) I. Context of the Retirement Savings System (SAR) 1. Mexico introduced a new mandatory DC system of individual accounts in 1997 for private-sector workers (IMSS) and in 2007 for public-sector workers (ISSSTE)1 , both of which replaced old DB systems that had been in place since the 1940s and 1950s. 2. The new system has been relatively successful in creating a big pool of pension savings, as well as...

December 2018

Collecting and Transferring Pension Contributions

Collecting social security contributions is an important operational issue in all types of pension system. Many regimes are plagued by poor compliance and weak, inefficient administration. Some countries have tried to introduce an automatic incentive to contribute by moving systems closer to ‘actuarial fairness’, where pension benefits are more strictly related to individual contributions. Examples include the systems of individual accounts introduced in a range of countries in Latin America and Eastern Europe. But in these regimes, collecting and...