IDEAS home Printed from https://ideas.repec.org/p/sdp/sdpwps/21.html
   My bibliography  Save this paper

Risk-Based Supervision of Pension Funds

Author

Listed:
  • Gregory Brunner
  • Richard Hinz
  • y Roberto Rocha

    (Studies Division, Chilean Pension Supervisor)

Abstract

Durante las décadas pasadas las diversas formas de pensiones administradas por privados han evolucionado desde sus orígenes como una compensación diferida, para convertirse en importantes, y en ocasiones centrales elementos de los sistemas de seguridad social. Su supervisión ha hecho una transición similar, evolucionando desde el énfasis de asegurar el cumplimiento de leyes tributarias y laborales y métodos relativamente simples de control del riesgo de inversión, hacia un enfoque mucho más comprensivo, diseñado para asegurar la gestión apropiada de todos los riesgos asociados a instituciones complejas que proveen una fuente cierta de ingreso en la etapa de retiro. El objetivo de este artículo es revisar la experiencia de cuatro países pioneros en el desarrollo de Supervisión Basada en Riesgo para fondos de pensiones: Australia, Dinamarca, México y Holanda. Estos países cuentan con sistemas de pensiones bien establecidos que proveen una buena primera revisión, ya que constituyen una muestra representativa de las características de los sistemas de pensiones en el mundo, incluyendo fondos abiertos y ocupacionales, así como arreglos de beneficio y contribución definida. El artículo se basa en ‘estudios de país’ que forman parte de un proyecto conjunto entre el Banco Mundial y la Organización de Supervisores de Pensiones (IOPS), así como también discusiones con supervisores y participantes de mercado en estos países. .

Suggested Citation

  • Gregory Brunner & Richard Hinz & y Roberto Rocha, 2007. "Risk-Based Supervision of Pension Funds," Working Papers 21, Superintendencia de Pensiones, revised Mar 2008.
    • Handle: RePEc:sdp:sdpwps:21
    as

    Download full text from publisher

    File URL: https://repec.spensiones.cl/repec/3_doctrabajos/21_2007_riskbased_supervision_pension_funds.pdf
    File Function: Revised version, 2008
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robert Holzmann, 2013. "Global pension systems and their reform: Worldwide drivers, trends and challenges," International Social Security Review, John Wiley & Sons, vol. 66(2), pages 1-29, April.
    2. Gregorio Impavido, 2011. "Stress Tests for Defined Benefit Pension Plans – A Primer," IMF Working Papers 2011/029, International Monetary Fund.
    3. Piggott John R. & Sane Renuka, 2012. "Demographic Shift and Financial Markets in APEC: New Age Solutions to Age Old Challenges," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 6(1), pages 1-28, February.
    4. Randle, Tony & Rudolph, Heinz P., 2014. "Pension risk and risk-based supervision in defined contribution pension funds," Policy Research Working Paper Series 6813, The World Bank.
    5. Castañeda, Pablo & Castro, Rubén & Fajnzylber, Eduardo & Medina, Juan Pablo & Villatoro, Félix, 2021. "Saving for the future: Evaluating the sustainability and design of Pension Reserve Funds," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).

    More about this item

    Keywords

    Country Study; Risk Based Supervision;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sdp:sdpwps:21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristian Hernández (email available below). General contact details of provider: https://edirc.repec.org/data/spegvcl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.