The FIAP International Seminar 2012 “Opportunities and Challenges for Individually-Funded Systems in a Globalised World”, organized jointly by the International Federation of Pension Fund Administrators (FIAP) and the Mexican Association of Pension Funds Management Companies (AMAFORE), which was held on 31st May and 1st June 2012, at the hotel Fiesta Americana Grand Coral Beach Cancun Resort & Spa, in Cancun, Mexico.
The general aim of the Seminar is to investigate the opportunities and challenges being faced by the authorities and administrators, to boost the development and stability of individually-funded pension programs and obtain adequate replacement rates in a globalised world, with more volatile financial markets, imperfect labour markets and more demanding clients.
The Seminar will be divided into three parts. The first will analyse the spheres of responsibility and limits corresponding to institutional investors, particularly pension funds, in the performance and public information of the companies in which they invest the pension funds under their management, and how these can contribute towards the development of the corporate governance of such companies. The aim of the second part of the Seminar is to evaluate the extent to which the design and characteristics of the individually-funded programs, especially contribution rates and retirement ages, are appropriate and consistent with the replacement rate targets expected of such programs, given the conditions of the labour market and the trends in life expectancies. Also in this second part we shall be looking at the contribution that can be made by voluntary pension savings in funding pensions and meeting the defined targets. Finally, in the third and last part of the Seminar, attention will focus on an analysis of the basic conditions required to ensure the stability and development of the individually-funded pension systems, and the opportunities and challenges being faced in order to improve their public image and strengthen their relationship with their members in a globalised world where clients have become increasingly demanding.
The Seminar coincides with the celebration of the fifteenth anniversary of the Retirement Savings System of individual accounts in Mexico and with the holding of FIAP’s XVI Annual General Meeting. As on previous occasions, there will be international experts present, who will lecture on their experience and knowledge of different issues of interest, and participants from different regions of the world (FIAP members and others), including government authorities, members of parliament, experts employed by international organisms, representatives of pension fund administrators, mutual funds and insurance companies, and other personalities related with the financial and social security spheres.
You can download the Seminar´s program at the bottom of this page.
For more informaton about this Seminar (costs, registration, program, etc.), please visit the official website of the Seminar: www.seminariosfiap.com
See all seminars