ING sponsors OECD pensions statistics

GLOBAL – ING has signed a three-year agreement to sponsor the pensions statistics project of the Organisation for Economic Cooperation and Development.

“The partnership will give ING access to research into new private pension initiatives and will foster contacts with governments, regulators, and academic experts in the global pension industry,” ING said in a release.

Under the agreement ING will make an annual contribution to support the project. A spokeswoman for the Netherlands-based bank declined to disclose the amount. The project aims to “fill the gap” in internationally comparable pension statistics.

“The partnership illustrates ING’s commitment to find innovative solutions to provide sustainable pensions for an ageing population,” said Jan Nijssen, ING’s global head of pensions. He added that the accumulation of comparable statistics is essential for sound policy-making.

“The OECD welcomes this ING initiative to join a project which is key for the development of adequate policy analysis and decisions,” said Andre Laboul, head of financial affairs at the OECD.

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