More than 130 participants from around the world came together to hear from pension experts and researchers about current and future pension challenges and opportunities at the 8th International Pension Research Association (IPRA) Conference on 14 June 2023 at the OECD in France.
The annual conference is hosted by IPRA in collaboration with CEPAR, the OECD, the International Organisation of Pension Supervisors (IOPS), Netspar, and the Pension Research Council at the Wharton School of the University of Pennsylvania, with the aim to bring together researchers, policymakers and industry practitioners from around the globe to discuss and debate the most pressing pension and retirement issues.
IPRA is an international organisation established with the aim of improving the quality and impact of research on pensions and related ageing issues to optimise social and economic outcomes for an ageing world. Individual researchers and organisations, including policy groups from across the world, interested in pensions and related ageing issues, are welcome to join IPRA.
This year, the IPRA conference program included presentations on new developments in decumulation; current issues in pensions; and asset-backed pensions which were presented by internationally renowned experts and researchers:
- James Banks (Manchester University, UK) on Managing Retirement Incomes: Financial Literacy, Cognitive Decline and Retirement Wealth Decumulation Choices;
- Abigail Hurwitz (Hebrew University of Jerusalem, Israel) on Testing Methods to Enhance Longevity Awareness;
- Peter Hieber (University of Lausanne, Switzerland) on The Role of Tontines in Retirement Decumulation;
- Peiran Jiao (Maastricht University, The Netherlands) on Eliciting Pension Beneficiaries’ Sustainability Preferences;
- Tabea Bucher-Koenen (University of Mannheim and Max Planck Institute, Germany) on Disparities in Financial Literacy, Pension Planning and Saving Behaviour;
- Olivia S. Mitchell (Pension Research Council, Wharton School, University of Pennsylvania, USA) on How the Pandemic altered American’s Debt Burden and Retirement Readiness;
- Philip O’Keefe (Ageing Asia Research Hub, CEPAR, UNSW Sydney, Australia) on Experience and Challenges with Asset-Backed Pensions in Developing Countries;
- Katja Mann (Copenhagen Business School, Denmark) on Pension Reform and Wealth Inequality: Theory and Evidence;
- and Bas Werker (Tilburg University, The Netherlands) on An Assessment Of Dutch Pension Reform.
The keynote on Climate Risks and the Global Economy was presented by internationally renowed global economic modeling expert Warwick McKibbin AO, Distinguished Professor of Economics and Public Policy, CEPAR Chief Investigator and Director of the Centre for Applied Macroeconomic Analysis (CAMA) in the Crawford School of Public Policy at the Australian National University (ANU).
The keynote presentation assessed the global economic consequences of climate-related risks in three broad areas: (1) the macroeconomic impacts of physical chronic and extreme climate risks; (2) the macroeconomic effects of climate policies designed to transition to net zero emissions by 2050 (transition risk); and (3) the potential macroeconomic consequences of changes in risk premia in financial markets associated with increasing concern over climate events.
Presentation slides are available online here.
Video recordings of all sessions can be viewed below, or on CEPAR's YouTube channel.