Regulation and supervision of pension funds: Principles and practices

Abstract

This paper examines the current principles and practices of pension fund regulation and supervision around the world. First an overview of the main approaches in OECD and non‐OECD countries and the most important issues and their relevance for different types of pension plans will be given. Then the paper will focus on a selection of issues which are the subject of intense debate at the moment, particularly in the Latin American context: the imposition of quantitative restrictions on pension fund investments, state guarantees for private pensions, and fee and cost controls.