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Pension fund governance: Challenges and potential solutions

Fiona Stewart and Juan Yermo

OECD Journal: Financial Market Trends, 2009, vol. 2008, issue 2, 1-42

Abstract: Good governance is increasingly recognised as an important aspect of an efficient private pension system, enhancing investment performance and benefit security. Yet, despite regulatory and industry initiatives, governance weaknesses persist across OECD and non-OECD countries.This paper highlights the main governance challenges faced by policymakers (particularly with trust-based pension systems), and draws on recent policy initiatives to propose possible solutions to strengthen governance arrangements.

Date: 2009
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Citations: View citations in EconPapers (2)

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