Within the framework of the Annual Assembly of the International Federation of Pension Fund Administrators, FIAP, held on May 27, it was realized in the same city, on May 28 and 29, the International Seminar: Pensions for the Future: Developing Individually Funded Programs, jointly organized by FIAP and the Association of Private Pension Fund Administrators of Peru.

In the Seminar, the development of the new pension systems in Latin America and Central and Eastern Europe was analyzed, an account was given of the progress of the reforms in countries that have started implementing them or are about to do so shortly and best practices for improving the design of the regulations of the individually funded programs were identified.

350 participants from 34 countries (FIAP members and non-members) attended this Seminar.  Among those attending were legislative and government authorities, international organizations and public and private agencies, domestic and international investment and pension fund agencies, mutual fund and insurance companies, academics and other personalities related to the social security area.

The Seminar was inaugurated on May 28 by the FIAP Chairman, Guillermo Arthur, and the Chairman of the Association of Private Pension Fund Administrators of Peru, Pedro Flecha.  Immediately thereafter, Olivia Mitchell, professor at the Wharton School, University of Pennsylvania and Director of the Pension Research Council in the United States, delivered the lecture Pension Reform and Economic and Social Development.   Presentations by renowned speakers were subsequently delivered on subjects related to lessons from the reforms, investment regulation, supervision models, coverage, pension modes, management of the business and disability and survival insurance.

On May 29, the Seminar began with the main results and conclusions of the subjects analyzed the day before.  This was followed by the presentations related to recent and upcoming reforms (the cases of China, the United Kingdom, Romania and New Zealand) and subsequently, the presentations related to the future of pensions in Peru, in which the subjects of coverage, quality of social protection, capital markets and the supervisors view of the future of the individually funded system, were analyzed.  Finally, the Seminar closed with the lecture Pension Reform: has the battle public opinion been won?

The Seminar was closed by the Peruvian Deputy Minister of Finance, José Arista, and FIAP Chairman, Guillermo Arthur.

The Seminar presentations are available for downloading.