The 6th International Pension Research Association (IPRA) Conference attracted over 350 researchers, policymakers, pension regulators and industry practitioners from 65 countries. Co-hosted online on June 24 by IPRA's founding organisations CEPAR, the Pension Research Council at the Wharton School of the University of Pennsylvania and Netspar at Tilburg University, in collaboration with the OECD and the International Organisation of Pension Supervisors (IOPS), the conference informed about latest developments in pensions and retirement research. 

The theme of this year's conference was 'Pensions: Emerging from COVID-19 and Beyond'.  The diverse one-day program featured distinguished speakers and examined long-term care, climate change and the impact of COVID-19 on the pension landscape, and featured a presentation on Insurance for Informal Long-Term Care by CEPAR Deputy Director and IPRA President Professor Hazel Bateman (UNSW Sydney).

Other distinguished speakers in the session on 'Long-term Care and Pensions' included Professor Eric French (University of Cambridge) who discussed end-of-life medical expenses, and Sir Professor Andrew Dilnot (University of Oxford) who discussed a sustainable model for aged care funding.

The session on 'Climate Change and Pensions' examined ESG (Environmental, Social, and Corporate Governance), downside risks and potential implications for pensions, presented by Professor Laura Starks (University of Texas); as well as an assessment of climate risk for investment portfolios, presented by Professor Mathijs van Dijk (Erasmus University). UniSuper CIO John Pearce shared lessons from a large pension fund on climate change and investment strategy.

The final session explored the impact of COVID-19 on the pension landscape. Dr Olga Fuentes, Head of Strategic Research and International Affairs at the Chilean Pension Regulator, discussed Chile's experience with COVID-19 early pension system withdrawals; Professor Till von Wachter (UCLA) discussed the effects of COVID-19 on the labour market and presented short- and long-term effects of job displacement on employment at older ages; and Dr Pablo Antolin, who is Principal Economist, Head of the Private Pensions Unit and Deputy Head of the OECD Consumer Finance, Insurance, Pension Division, discussed how assets earmarked for retirement can support the economy and benefit members.

The video recordings of the talks and presentation files are available below.


Recordings

After clicking on play, the video recordings will automatically play in the below program order.

View the complete video playlist on YouTube here.

PROGRAM: THURSDAY JUNE 24, 2021, ONLINE

To view/download available presentation slides, please click on the presentation titles below.

12.50 - 13.00 (Central European Summer Time)

WELCOME REMARKS

Hazel Bateman, President, International Pension Research Association

Pablo Antolin, Principal Economist and Head of the Private Pensions Unit, OECD

13:00 - 14:10

 

SESSION 1: LONG TERM CARE AND PENSIONS

Chair: John Piggott (CEPAR, UNSW Sydney)

13:00-13:15

 

End-of Life Medical Expenses

Eric French (Faculty of Economics, University of Cambridge, UK)

13:15-13:30

 

A Sustainable Model for Aged Care Funding

Andrew Dilnot (Nuffield College, University of Oxford, UK)

13:30-13:45

 

Insurance for Informal Long-term Care

Hazel Bateman (CEPAR, UNSW Sydney, Australia)

13:45-14:10

Discussion

14:10 - 14:25

Break

14:25 - 15:35

 

SESSION 2: CLIMATE CHANGE AND PENSIONS

Chair: Olivia S. Mitchell (Pension Research Council, Wharton School, University of Pennsylvania)

14:25-14:40

 

ESG and Downside Risks: Implications for Pension Funds

Laura Starks (McCombs School of Business, University of Texas, USA)

14:40-14:55

 

Assessing Climate Risk for Investment Portfolios: An Overview for (Dutch) Pension Funds

Mathijs A. van Dijk (Rotterdam School of Management, Erasmus University, The Netherlands) 

14:55-15:10

 

Climate Change and Investment Strategy: Lessons from a Large Pension Fund

John Pearce (CIO, UniSuper, Australia)

15:10-15:35 Discussion

15:35 – 15:50

Break

15:50 – 17:00

 

SESSION 3: THE IMPACT OF COVID-19 ON THE PENSION LANDSCAPE

Chair: André Laboul (IOPS Secretary General, OECD)

15:50-16:05

 

Chiles' Experience with COVID-19 Early Pension System Withdrawals

Olga Fuentes (Chilean Pension Superintendency, Vice-President IOPS, Chile)

16:05-16:20

 

The Short and Long-Term Effects of Job Displacement on Employment at Older Ages

Till von Wachter (UCLA, USA)

16:20-16:35

 

How Assets Earmarked for Retirement can Support the Economy and Benefit Members 

Pablo Antolin (OECD, France)

16:35-17:00

Discussion

17:00

CLOSING REMARKS