2011
The Role of Governance in the Pension Systems
VOSTATEK, JaroslavZákladní údaje
Originální název
The Role of Governance in the Pension Systems
Název česky
Úloha governance v penzijních systémech
Autoři
VOSTATEK, Jaroslav
Vydání
ACTA VŠFS, Praha, Vysoká škola finanční a správní, o.p.s. 2011, 1802-792X
Další údaje
Jazyk
čeština
Typ výsledku
Článek v odborném periodiku
Obor
50200 5.2 Economics and Business
Stát vydavatele
Česká republika
Utajení
není předmětem státního či obchodního tajemství
Organizační jednotka
Vysoká škola finanční a správní
Klíčová slova česky
public governance; corporate governance; penzijní reforma; penzijní pilíř; panevropské penze; penzijní fond; životní pojišťovna; sociální pojištění
Klíčová slova anglicky
public governance; corporate governance; pension reform; pension pillar; pan-European pensions; pension fund; life insurance company; social insurance
Štítky
Návaznosti
OP 7726, záměr.
Změněno: 13. 7. 2012 12:36, Bc. Barbora Vandová
Anotace
V originále
Contemporary pension systems consist of more pillars and are administered also by very different providers. Corresponding governance systems are also very different, reacting to different interests of stakeholders pushing through their interests. In the interest of alignment of these interests the governance codices are issued, the OECD playing an important role in it. The governance cannot replace the basic defects of the pension pillars, of the quality of pension institutions supervision, nor the annuity markets failures, nor the imperfect competition in this sector. A mission of the World Bank played an important positive role in the formulation of the role of the governance and supervision of the Czech supplementary pension insurance. Lobbyists pressures have a negative influence, mainly in the form of proposals for the reform of the public pension pillar and of the existing pension funds and their products, as well as in refusing the full implementation of the EU Pension Directive. By contrast the governance theory and practice highlights the interests of the clients of the pension institutions, with the exception of the private insurance companies where the general corporate governance model applies also in the world. The state support of the pension products may have a substantial role in the promotion of the clients interests.