BBVA Mi jubilación - Fondo documental

Pension Markets in Focus provides detailed and comparable statistics on retirement savings around the world. This annual statistical report contributes to the effort of making data on retirement savings available, as the OECD Core Principles of Private Pension Regulation advocates for, to enable regulators and stakeholders to evaluate the design and operation of pension systems relative to their goals. These statistics can support policy discussions through international comparisons and peer learning, and are the basis of policy recommendations in the OECD series of Pension Reviews. These statistics can also be helpful to private sector representatives, journalists, academics and anyone interested in funded pension systems.

This paper explores potential influences on the ability and willingness to save for retirement, in order to uncover how asset-backed pension systems could be more inclusive of diverse populations. This paper illustrates the type of analysis that countries could conduct to better understand what factors may explain lower participation from certain individuals beyond labour market drivers, by looking at the views, attitudes, and expectations of individuals across socio-economic characteristics on a sample of adults from the UK.

En su búsqueda de la sostenibilidad de sus sistemas públicos de pensiones, tanto las reformas paramétricas graduales (cambios en la edad de jubilación, los tipos de cotización o los criterios de revalorización) como las reformas estructurales (cuentas nocionales o autoenrolment al sistema de pensiones de empleo) han sido utilizadas por los países avanzados para responder a los aumentos sistemáticos de la esperanza de vida y los correspondientes aumentos de las tasas de dependencia de las personas de edad. Estos ajustes se han dado en escenarios de bajo crecimiento de la productividad, cambios acelerados en los mercados de trabajo, cambios en los tipos de interés y cambios regulatorios

In the search for the sustainability of public pension systems, both, gradual parametric reforms (changes in retirement age, contribution rates or revaluation adjustments) and systemic reforms (NDC schemes) have been the main strategies as high-income countries have responded to continuous longevity increases, below replacement level fertility, and the corresponding upward trend in old-age dependency ratios. All this has also happened in low productivity gains and economic growth, rapidly shifting labor markets, changing interest rates and regulatory reforms scenarios.

Pension plans are facing challenges not seen in the global economy in decades as they feel the effects of the pandemic, global conflicts, supply chain disruptions and a reversal of the trend toward globalization. These developments have brought higher levels of inflation, rising interest rates and greater uncertainty in economic conditions, while life expectancies continue to rise and populations age. All these pressures are occurring at a time when individuals are taking on more responsibility as the prevalence of defined contribution (DC) arrangements continue to increase around the world.

Strong equity returns in 2021 slowed down by inflation, which is here to stay How much did pension savers earn on average? In this report, we aim to provide pension comparisons on every front possible. The aggregate summary return tables compare the annual average rates of returns between occupational/collective (Pillar II) pension schemes and between voluntary/individual ones (Pillar III) on 5 periods: 1, 3, 7, 10 years. These standardised periods eliminate inception and market timing biases, allowing to “purely” compare performances between different pension schemes. For information purposes, we also show the average return since data is available (last column).