Financial management and control of supplementary pension schemes

As a result of demographic, financial and other pressures on social security schemes, governments are increasingly seeking to promote the development of complementary pension schemes and a partnership between the public social security system and private provision through occupational pension schemes or individualized pension arrangements. This paper considers the different aspects of complementary pension schemes which might be subject to some degree of regulation and deals briefly with some of the options available for establishing a satisfactory system of regulation and supervision.