0ECD countries the development of private pension funds and investment regulation

Population ageing is a global problem. In Europe and the United States, in response to pension payments crisis, to reduce the pension expenditure in the same time, generally encourages the development of private pension funds (and hosted by the Government of the difference between basic old-age pensions). In recent years, OECD countries in the private pension fund assets size. In the private pension fund investment supervision, OECD countries are mainly used in a "quantitative restrictions on principle" and "prudent person principle", and a more extensive use of "prudent person principle" trend. China in 2015 before and after will also face severe pension problems, extensively absorb learn from international experience, as soon as possible formulate relevant policies to encourage the development of private pension funds and preserve and increase the value, is the general trend.

Key words] OECD countries, private pension funds, investment regulation; quantitative restrictions on the principle of prudent person principle