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Academics, policymakers and industry representatives discuss latest research on pensions and retirement research

Jul18
Colloquium

Over 90 representatives from the wider research community, government and industry attended the 26th Colloquium on Pensions and Retirement Research, which was co-hosted by CEPAR and the School of Risk & Actuarial Studies in the UNSW Business School.

The Collqouium, held on 2-3 July at UNSW, included high-level talks and presentations on pensions, retirement and inequality, including a keynote lecture on Wealth Inequality and Financial Literacy by world renowned pension expert Olivia S. Mitchell, Professor at the Wharton School of the University of Pennsylvania and CEPAR Partner Investigator.

Keynote speaker Professor Mitchell argued that older households must take responsibility for their financial well-being – both during their work lives and in retirement. Yet financial markets are becoming more complex, as the set of instruments available for saving and investment expands. She explained how financial knowledge can be a powerful driver of wealth inequality in a world of uncertainty and imperfect insurance, since financial knowledge allows people to better allocate their lifetime resources.

The colloquium also featured a panel discussion on the new future for financial advice, and provided a forum for academics, government and industry representatives to discuss the latest research on pensions, superannuation and retirement.

The presentations are available online.