The ongoing financial crisis has dealt a heavy blow to private pension systems. Between January and October this year, private pensions in the OECD area have registered losses of nearly 20% of their assets (equivalent to USD 5 trillion).
This fifth issue of Pension Markets in Focus takes a close look at the impact of the crisis and discusses possible policy interventions, both immediate and longer term. Some of the material contained will be further developed in the forthcoming edition of the Private Pensions Outlook, a new OECD publication.
