Organisation for Economic Co-operation & Development

Tax-based financial incentives for savings are wasted on the lowest paid workers as they may not have the means to contribute more into their pension, the Organisation for Economic Co-operation and Development (OECD) says.

The Financial Conduct Authority (FCA) has confirmed the 20 members and four observer organisations of its Institutional Disclosure Working Group.

A new IMF paper triggered by some European countries' response to pension policy calls for new fiscal indicators that give more weight to the long-term cost of pensions. Raquel Pichardo-Allison reports

Dutch regulations are "killing" pension funds by using a discount rate that forces them to de-risk, said Anton van Nunen, director of Van Nunen & Partners.

How convenient for governments carrying out austerity measures that there happens to be a pot of gold lying around.

The UK has the lowest gross replacement rate in the Organisation for Economic Co-operation and Development for state pensions, the TUC says.

The UK should look at the Chilean retirement system's multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas has said.

Regulators should promote countercyclical funding policies, like providing better tax ceilings for over-funded schemes, in order to support the continuation of defined benefit plans, the OECD said.

The UK should look at the Chilean retirement system's multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas says.

Dutch pension experts question whether the interbank swap yield curve is the best rate to discount liabilities against, as Giovanni Legorano and Raquel Pichardo-Allison report