WILLEMSTAD - On November 28 and 29, the University of Curaçao will host a two-day module on the future of pension funds. This program, led by Professor Onno Steenbeek and lecturer Jorgo Goossens, offers professionals from the financial sector and policymakers the opportunity to discuss current issues surrounding pension funds. The central question is: how can pension funds balance global investment strategies with local obligations?
During the module, participants will gain insight into how behavior and emotion influence financial decisions. "People often think pension decisions are rational, but emotions such as loss aversion and short-term thinking play a large role," explains Goossens. This can lead people to start saving too late or avoid risks that could actually be rewarding.
Sustainable investing is also a key focus. Pension funds need to choose investments that not only provide financial returns but also contribute to a better future. Professor Steenbeek emphasizes, “We will explore together how these choices impact both the local economy and the interests of stakeholders.”
One of the highlights of the program is a panel discussion featuring experts: economist Leo Rigaud, investment specialist Erik Baas, and policymaker Stella van Rijn. They will share practical experiences and regional insights, fostering a valuable dialogue about the challenges and opportunities for pension funds in the Dutch Caribbean.