The ARC Centre of Excellence in Population Ageing Research (CEPAR) and the School of Risk and Actuarial Studies in the UNSW Business School hosted the 29th Colloquium on Pensions and Retirement Research on 1-3 December 2021. Over 220 representatives from the wider research community, government and industry registered to participate in the three-day online conference.
Bringing together academia, government, industry and the community from around the globe, the Colloquium delegates heard from the latest research on financing retirement in the 2020s and beyond.
The program featured over 50 high-level talks and presentations, including plenary sessions on financing aged care, chaired by Marc de Cure, CEPAR Advisory Board Chair and Adjunct Professor, CEPAR, UNSW Business School; the retirement sandbox program, presented by multi-award-winning educator Dr Kevin Liu of the School of Risk and Actuarial Studies, UNSW Business School; and the macroeconomic environment for superannuation and pensions, chaired by Colloquium convenor Hazel Bateman, CEPAR Deputy Director and Professor in the School of Risk and School of Risk and Actuarial Studies, UNSW Business School.
Especially topical was a panel session focused on the Australian Government’s Retirement Income Covenant, chaired by CEPAR Director John Piggott AO, Scientia Professor of Economics in the UNSW Business School. Panellists included Robbie Campo (Group Executive – Brand, Engagement, Advocacy and Product, Cbus); Jeremy Cooper (Chairman, Retirement Income, Challenger); Jordan George (Director, Retirement, Advice and Investments Division, Australian Treasury); and Suzanne Smith (Executive Director – Superannuation, Australian Prudential Regulation Authority (APRA)).
Further Colloquium sessions covered the latest research on pensions and climate change; superannuation; pensions, labour supply and household decisions; new retirement products; health and longevity; financial decisions; home equity release; annuities; retirement outcomes; as well as research on pensions and long-term care in Asia.
The Best PhD Paper Presentation Award 2021 has been awarded to Zhixiu Yu from the University of Minnesota for her paper presentation on Trends in the Labour Supply of Older Men and the Role of Social Security. Zhixiu Yu is a PhD candidate in Economics at the University of Minnesota. Her research focuses on labour, health, gender, and public economics, and her research combines rigorous macro models, rich microdata, and large-scale simulations to explore important problems at the interaction of public policy and individual behaviors in the United States.
The 29th Annual Colloquium of Pensions and Retirement Research also hosted a special online session on the global experience of financing retirement, sponsored by the International Pension Research Association (IPRA), on December 3, 2021.
With insights being showcased from across the world, this session provided an opportunity to hear global trends in financing retirement in the 2020s and beyond.
Recordings of a number of talks are available below.
Find the full list of speakers and agenda here, including presentation slides.
Recordings: 29th Colloquium on Pensions and Retirement Research, 1-3 December 2021
CEPAR has recorded parts of the presentation talks (excluding the Q&A discussions) where the presenter(s) provided their consent to be recorded. Please watch the video recordings below or directly on CEPAR's YouTube channel.
Welcome and opening remarks
00:04 Hazel Bateman, CEPAR Deputy Director, Professor, School of Risk & Actuarial Studies, UNSW Sydney
01:12 John Piggott, CEPAR Director, Scientia Professor of Economics, UNSW Sydney
8:50 A Preference for Quality: Australian General Public’s Willingness to Pay for Home and Residential Care
Julie Ratcliffe (Flinders University)
29:50 Long-Term Financing Options for Aged Care in Australia: Lessons from the Royal Commission
David Cullen (National Disability Insurance Scheme) and Bridget Browne (Australian National University, EY)
51:03 On Sustainable Aged Care Financing in Australia
Michael Sherris (CEPAR, School of Risk & Actuarial Studies, UNSW Sydney)
00:04 Hazel Bateman (CEPAR Deputy Director, UNSW Sydney)
Policy/Industry Panel: The Retirement Income Covenant
00:50 Chair - John Piggott (CEPAR Director, UNSW Sydney)
2:05 Jordan George (Retirement, Advice and Investments Division, Australian Treasury)
15:15 Suzanne Smith (Executive Director – Superannuation, APRA)
24:15 Robbie Campo (Group Executive – Brand, Engagement, Advocacy and Product, Cbus)
40:41 Jeremy Cooper (Chairman, Retirement Income, Challenger Ltd)
Session 9: The Macroeconomic Environment for Superannuation and Pensions
00:04 Chair – Hazel Bateman (Risk & Actuarial Studies and CEPAR, UNSW Sydney)
Wealth Transfers and Inequality in Australia
00:25 Rebecca Chin and Catherine de Fontenay (The Productivity Commission)
The Economy-wide Effects of Mandatory Superannuation and its Tax Concessions
17:25 George Kudrna (CEPAR, UNSW)
Retirement Sandbox: Engaging Young Minds to Provide New Solutions to Old Problems
Chair – Hazel Bateman (Risk & Actuarial Studies and CEPAR, UNSW Sydney)
Presenter: Kevin Liu (School of Risk & Actuarial Studies, UNSW Business School)
David Bell (The Conexus Institute, CEPAR)
Shang Wu (Aware Super, CEPAR)
Recording: Special Online Session on Financing Retirement in the 2020s and Beyond: The Global Experience, sponsored by the International Pension Research Association (IPRA)
CEPAR has recorded parts of the presentation talks (excluding the Q&A discussions) where the presenter(s) provided their consent to be recorded. Please watch the video recording below or directly on CEPAR's YouTube channel. For the order of presentations, please view the program schedule.