Conference on Pension Finance and the Teaching of Pension Finance

On August 29, 2019 the “Conference on Pension Finance and the Teaching of Pension Finance” took place at the University of Liechtenstein. We are very proud to have hosted this conference, where several impactful papers were presented throughout a first “paper session”! Several very good papers from the area of Pension Finance were presented by a number of representatives from high ranking universities and research centers across the world (e.g. the Pension Policy Center in Washington DC, CESifo in Munich, Max Planck Institute for Social Law and Social Policy – Munich Center for the Economics of Aging or the CEPR in London). In a second “plenary session” Prof. Dr. Michael Hanke presented his research on “Key Decisions to be Made by the Insured in Liechtenstein’s Pension System” followed by a presentation of our online courses developed in this project by Dr. Sebastian Stöckl. The conference was completed by a Keynote Speech of Prof. Dr. Mogens Steffenson on “Epiphanies in Pension Design and Valuation”.

Conference on Pension Finance and the Teaching of Pension Finance
Conference participants of the “Conference on Pension Finance and the Teaching of Pension Finance”

Final Project Meeting in Vaduz, August 28, 2019

Our last project meeting took place in Vaduz on August 28 & 29, 2019. The project participants met to present the final output (all three online courses available on the University of Liechtenstein’s online course platform The participants discussed at lengths about the final product, its dissemination, quality testing and possible further uses at partnering and other organizations.

All project partners are really happy with the final project and agree that it was “a wonderful experience and great journey together”. Luckily, most of the project partners will participate in the follow-up project USAVE – Understanding Saving in Europe, where we will draw on our experience to develop three more online courses in the area of Life-Cycle Investments.

Final Project Meeting
fltr: Michael Hanke, Alex Weissensteiner, Kourosh Rasmussen, Sebastian Stöckl

Call: Last Project Meeting and Multiplier Event

On August 29, 2019, the University of Liechtenstein will be hosting the conference “Conference on Pension Finance and the Teaching of Pension Finance“. The first part of the conference consists of scientific talks on various topics in the area of pension finance.

Registration is required until Tuesday, August 27, 2019, by e-mail to

The second part of the conference (starting at 15.45) starts with a talk by Prof. Michael Hanke (University of Liechtenstein), who will analyze optimal decision-making by the insured in the second pillar of Liechtenstein’s pension system. This will be followed by a presentation of the online courses on pension finance, which have been developed in this project at the University of Liechtenstein. Ass.-Prof. Sebastian Stöckl will present how everyone can use these courses to educate themselves on pension systems and pension finance. The final element, the keynote speech, will be delivered by Prof. Mogens Steffensen (University of Copenhagen).

If you would like to participate (only) in the second part of the conference, please register until Tuesday, August 27, 2019, on

Participation is free of charge. The conference language is English.

Project Meeting in Bolzano, June 11, 2018

The third project meeting took place in Bolzano on June 11, 2018. The project participants spoke about the first online course which (the German version) is currently being tested, its English translation which will be finished this summer, and the “Advanced Topics” course that will be implemented within the year. There was also a Brainstorming held with respect to the Multiplier Event that will take in August 2019.

All participants are looking forward to the success of our project! Thanks to all participants and the organizers for their great work!

fltr: Kourosh Rasmussen, Sebastian Stöckl, Michael Hanke and Alex Weissensteiner

Project Meeting in Copenhagen, June 27, 2017

All project partners of the Erasmus+ project “Understanding Pensions in Europe” met in Copenhagen for one day to discuss implementation of the first online course “Understanding Pensions in Europe – An Introduction”. Many videos have already been produced, a course structure set up and implemented for testing purposes, as well as several javascript applets and an “UNPIE” R-library, which is available on github. Final video production and cutting will be done during the summer and the first test period will be Winter 2017/2018.

On the second part of the meeting, the general structure of the second online course “Pension Finance and Personal Pension Planning – Advanced Topics” was discussed and specifications for the necessary software implementation developed.

All participants considered the meeting to be successful and the whole project to be well within schedule! Thanks to all participants and the organizers for their great work!

Group Picture, Copenhagen meeting
Meeting participants in Copenhagen: Sebastian Stöckl, Michael Hanke, Emil Østergaard, Alex Weissensteiner, Lars Jacobsen, Anders Jensen and Kourosh Rasmussen (fltr)

Kickoff Meeting in Vaduz, September 23, 2016

The project partners successfully started the European Erasmus+ project “Understanding Pensions in Europe”. The goal of the project is the development of two online courses targeted at the general public and students in higher education programs, as well as a software for individual pension planning.

The project kickoff meeting took place in Vaduz, Liechtenstein on September 23rd, 2016. On a very productive day, the first ideas and basic structure of the curricula were developed and the core functionality of the software discussed. Thank you very much to everyone for the great work and many fruitful discussions!

Kickoff Meeting Vaduz, Group Picture
FLTR: Kourosh Rasmussen, Alex Weissensteiner, Clarissa Frommelt (National Agency Liechtenstein), Lars Jacobsen, Michael Hanke and Sebastian Stöckl

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