In advance of the Global Pensions Programme hosted in Miami this July, we caught up with one of the speakers, Dr Diego Valero.
Dr Valero holds a PhD in Economics and is a professor at the University of Barcelona. In addition, he is Co-Founder and Chairman of Novaster, a pensions consulting company, Vice-President at the SpainSif (Spanish forum for responsible investment) and Vice-President at the “Pacto Generacional” Foundation, which aims to strengthen the social transfer from elders to youth.
Q: Why are you excited about the Global Pensions Programme?
It’s hugely exciting to be running the Global Pensions Programme this July. This is our second year now – due to the popularity and success of our inaugural event last year, we’re hoping to continue this annually. Moreover, this year’s venue city is Miami, a hub between the Americas and Europe. We’re going to host some of the world’s greatest academics, all of them with a huge expertise in pensions and social security.
Q: What will the programme focus on?
The programme will focus in depth on pensions in the Americas, as well as Europe and Asia. It further extends previous topics of economic theory, actuarial issues and pension funds investment, and hones in on decumulation processes, and structural reforms and re-reforms in Latin America. We’ll also be discussing the perspectives of the World Bank with seminars from Heinz Rudolph, Lead Pension Specialist. The programme emphasises the need to control pension funds around the world, with special attention to risk-based supervision and governance.
Q: What is the main objective of this year’s Global Pensions Programme?
Its goal is to provide a thorough and current insight into pensions in the Americas. It aims to provide an understanding of the various options for pensions funding and their consequences, as well as the criteria for implementing these investments. For example, it will analyse different options for modifying the Chilean pension system under the new mandate of Michelle Bachelet, and how non-contributory pension schemes can help provide adequate living standards for retired people. We will also examine new models that have been developed around the world, such as partially funded schemes like Notional Defined Contribution accounts.
For more information on the Global Pensions Programme, click here.