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Impact of innovation in Latin American pensions will be analyzed in Panama

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  • Sun, 04/15/2018 - 18:07
Pensiones panama
  • Telemetro

Experts and Latin American officials will meet next Tuesday in Panama to analyze the impact of innovation and technology on pension systems in the region. This is the International Seminar "Economics of Behavior and Pension Education", organized by the International Association of Pension Fund Oversight Organizations (AIOS) and the Inter-American Development Bank (IDB).

The event will focus on the issues "of the behavioral economics applied to pensions, and how technology and innovation can help build better pensions," said the Savings and Capitalization System of Public Servants Pensions (SIACAP) of Panama.

It added that the seminar will involve representatives of the countries that make up the AIOS and delegations from the 15 countries that are part of the IDB's Network for Pensions in Latin America and the Caribbean (PLAC Network).

The invited experts will develop "the topics of pension education, citizen communication, and innovation and technology applied to pensions from the Netherlands, New Zealand, the United Kingdom, Sweden and Brazil," according to official information.

The PLAC Network is made up of institutions from Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Haiti, Honduras, Jamaica, Mexico, Panama, Paraguay, Peru, the Dominican Republic and Uruguay, according to IDB data.

The agenda of the Seminar includes the regional panorama topics: Innovation and behavioral economics for better pensions - Launching of the Retirement Savings Laboratory; and pension education and communication with participants in the pension systems.

Also behavioral economics applied to pensions; technology and innovation to build better pensions, a final talk on behavioral economics and pension reform.

The event will be inaugurated in a ceremony with speeches delivered by the Minister of Social Development of Panama, Alcibíades Vásquez; by the first vice-president of AIOS and deputy superintendent of AFP, SBS Peru, Jorge Mogrovejo, and the head of operations of the IDB in Panama, Antonio Gonçalves.

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