Strengthening Asset-backed Pension Systems in a Post-COVID World
This publication analyses the impact COVID-19 has had on asset-backed pension arrangements and the main policies countries have implemented in response to date. It then presents policy guidelines to help strengthen asset-backed pension arrangements and improve retirement outcomes in a post-COVID world. The publication also discusses the short- and long-term impact of COVID-19 on mortality, and the role that assets earmarked for retirement could play in the post-COVID recovery.
How assets earmarked for retirement can support economies and benefit members
This chapter discusses the conditions under which assets earmarked for retirement can support the economy during and in the aftermath of the COVID‑19 crisis. It considers how pension providers may invest the retirement savings of their members in distressed companies or in long‑term recovery projects, while upholding their fiduciary duty to invest in the best interest of members. It also discusses the investment vehicles that pension providers may use to invest and meet financing needs in the economy.
- Click to access:
-
Click to download PDF - 956.98KBPDF