Jump to ContentJump to Main Navigation
Recreating Sustainable RetirementResilience, Solvency, and Tail Risk$
Users without a subscription are not able to see the full content.

Olivia S. Mitchell, Raimond Maurer, and P.Brett Hammond

Print publication date: 2014

Print ISBN-13: 9780198719243

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780198719243.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 14 November 2019

Evolving Roles for Pension Regulations:

Evolving Roles for Pension Regulations:

Toward Better Risk Control?

Chapter:
(p.163) Chapter 9 Evolving Roles for Pension Regulations:
Source:
Recreating Sustainable Retirement
Author(s):

E. Philip Davis

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198719243.003.0009

The role of regulation in pensions has been transformed in recent years due to forces including the shift from defined benefit to defined contribution pensions, the shift to risk-based supervision for defined benefit and defined contribution plans, the role of accounting standards and transparency (contributing to market discipline), and the turbulence in financial markets. This chapter provides an overview of the evolution of regulation using evidence from selected countries under each topic. This regulation plays a part in the shift of pension portfolios towards lower risk, which may yet cause difficulties for future pension income. These shifts also leave open a number of outstanding questions, notably whether education of consumers is sufficient, the role of longevity risk, and whether regulation can be made more countercyclical.

Keywords:   Regulatory risk, governance, Basel III, risk-based supervision, international accounting standards

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .