The International Federation of Pension Fund Administrators (FIAP), the Pension Fund Managers (AFPs) PROGRESO and PROFUTURO of Panama, the Costa Rican Association of Pension Operators (ACOP), AFP FICOHSA of Honduras and the Salvadoran Association of Pension Fund Managers (ASAFONDOS), organized the XIV FIAP International Seminar “Opportunities and challenges in the investment of pension funds and voluntary pension savings funds“, on May 19 and 20, 2016, at the RIU Plaza Panama Hotel, in Panama City, Panama.

The purpose of this seminar was, on the one hand, to analyze the current and future challenges faced by pension funds for achieving their main objectives, i.e., adequate returns and safety in the investment of pension resources, thus contributing to the provision of good pensions for their members, and, on the other hand, to evaluate effective and innovative mechanisms that enable enhancing the development of voluntary pension savings (VPS) in Latin America. Renowned speakers from different countries presented experiences and proposals regarding alternative investments, corporate social responsibility, corporate governance, 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. International experts also discussed 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.

This seminar coincided with the holding of the 20th FIAP Annual Assembly. As on former occasions, we had international experts speaking of their experience and knowledge in different areas of interest. The seminar was attended by guests from different regions of the world (FIAP member countries and others), including government officials, legislators, officials of international agencies, representatives of pension fund managers, mutual funds and insurance companies, and other personalities related to the financial sector and social security.

We trust that the debate on the main opportunities and challenges in the investment of pension and voluntary pension savings funds is crucial for the results of the individually-funded systems, in terms of the improvement of pensions for our future retirees.

At the bottom of this page you can download the academic program of the seminar, as well as the presentations of the different speakers.