The International Federation of Pension Fund Administrators (FIAP), has just published the book “Opportunities and challenges in the investment of pension funds and voluntary pension savings funds,” which compiles the presentations delivered by renowned speakers in the fourteenth version of the FIAP international seminar, of the same name, held on May 19 and 20, 2016, in Panama City, Panama.

This book, the 15th published by FIAP, is organized into 4 chapters:

1. Optimization of the investment of pension resources. Experiences and proposals regarding the alternative investments of the pension funds are presented here.
2. Future challenges for the investments of the pension funds. This chapter analyses the impact of demographic trends on the capital markets and pension funds, and measures that can be adopted to expand the range of financial instruments in which social security resources can be invested within the countries of the Pacific Alliance.
3. Corporate social responsibility and corporate governance. This chapter sets out the experiences, lessons learned, trends and best practices in corporate social responsibility, corporate governance and sustainable investment.
4. Enhancing the contribution of voluntary pension savings to the provision of pensions. The current situation of voluntary pension savings in Latin America and the lessons that can be learned from different experiences to encourage this type of saving, stimulate collective VPS and encourage the participation of low and middle-income workers, are described here.

In the initial chapter, the book presents the paper delivered by the renowned economist Felipe Larraín, on the topic “Latin America and the emerging countries on the global stage.” followed by the study by Rafael Rubio, Doctor in Constitutional Law, on the topic “Communicating in times of mistrust.”

FIAP thanks all the authors for the preparation and revision of their respective articles.

To review the electronic PDF version of this book, please download it here.