PHOTO
Manama Bahrain: The Organisation for Economic Co-operation and Development (OECD) will be launching its seminal OECD Pensions Outlook Report 2020 in the MENA region for the first time, from the Kingdom of Bahrain.
The global organization which celebrates its 60th anniversary this week is considered to be the world’s largest think-tank and research centre on pensions. Last week, the OECD Secretary-General, Angel Gurría, virtually launched the OECD Pensions Outlook 2020 in the presence of presidents and executive directors of pensions research institutes and regulatory authorities from the US and Europe.
The OECD Pensions Outlook is an annual global research that analyses different pension policy issues both public and private, defined benefit and defined contribution, pay-as-you-go and funded retirement systems. Prepared against the background of the COVID-19 pandemic, the 2020 edition discusses policy guidelines to help governments strengthen the resilience of their retirement savings and old-age pension systems.
At the invitation of Bahrain-based Fintech Robos (For Savings & Pensions Apps), organisers of the annual Arab Pensions Conference, the OECD will be holding a special launch event for this global research project in Bahrain on 19th January 2021. Held in Bahrain virtually, the conference is aimed for the entire Arab world.
“Our partnership with the OECD to bring their exceptional global pension research and learning curve to Bahrain and the MENA region is part of our passion to foster communications and forward thinking on pension development and reforms in the region,” said the CEO of Fintech Robos and Chairman of Arab Pensions Conference, Ebrahim K Ebrahim.
“Our joint event with the OECD next month will be a great complement to the Arab Pensions Conference 2020 held last month, and shall be open to all pension funds, social protection, economic planning bodies and financial industry professionals in MENA,” he added.
Mr. Ebrahim also elaborated that governments need to improve the sustainability and resilience of retirement savings systems. COVID-19 has dealt an unprecedented shock to the
labour markets and pension arrangements across the world, making governments act swiftly to address many of the ensuing challenges. Many countries, including Bahrain, have extended job retention schemes and unemployment benefits, allowing workers to keep accruing entitlements in state-pension funds.
With 37 member countries spanning the globe, from North and South America to Europe and Asia-Pacific, the OECD manage consultancy and reform projects in more than 100 countries around the world.
-Ends-
© Press Release 2020
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.