OECD Pensions Outlook 2024: Improving Asset-backed Pensions for Better Retirement Outcomes and More Resilient Pension Systems
By Organisation for Economic Co-operation and Development
Over the past two decades, asset-backed pensions have become a key pillar of retirement systems, with assets more than tripling to over USD 56 trillion in 2023. These pensions diversify resources for financing retirement and complement pay-as-you-go systems, enhancing resilience to economic shocks and demographic challenges. Their robust design, regulation, and supervision are important for delivering strong retirement outcomes.
The 2024 OECD Pensions Outlook provides a valuable resource for policymakers, regulators, and stakeholders, providing comprehensive analysis and forward-looking guidance on ensuring pensions continue to serve as a cornerstone of financial security in retirement. Specifically, this edition examines how to extend the coverage of asset-backed pensions, looking at how employers, particularly smaller ones, and the self-employed, can be better integrated in these systems, and how financial incentives can be used to promote enrolment and contributions.
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