Course

The Effect of Aging on Economies and Financial Markets

In Collaboration with the World Demographic and Ageing Forum, st. Gallen, Switzerland

The ONLY course today that bridges aging, demography and financial markets

Join our next cohort starting on June 6, 2023 !

DESCRIPTION OF THE COURSE

The demographic trend of aging has a number of effects on pension and healthcare systems as well as financial markets. The sustainability of pension systems can be affected by a variety of factors, including the ratio of workers to retirees, the performance of investments, and changes in health and thus life expectancy. Moreover, aging affects healthcare systems by the need to serve the need for long-term care with more people suffering from chronic illness for long periods of time.

In addition to that, the demographic trend affects financial markets by changing the composition of the investor base and interest rates. As people age, they are often more likely to shift their investment portfolios from high-risk, high-reward investments to more conservative, lower-risk investments. This can lead to changes in the demand for different types of asset classes, which can, in turn, affect the performance of financial markets. These trends have important ramifications for governments, regulators, banks, insurance companies and other policymakers while planning for the future and building new strategies and business models.

AGING AND ITS EFFECT ON ECONOMIES AND FINANCIAL MARKETS Course combines insights from academic research, experience from observing policies and best practices as they are deployed around the world, along with societal changes that are expected to occur in the future.

This 8.0 hours course will help you become a leader of change in your organization by helping you understand the challenges of the aging trend and providing you with the tools and knowledge to be well-prepared for the future.

THE STRUCTURE OF THE COURSE

• 100% live online via Zoom
• 5 weekly modules of 2 hours each
• 1-2 hours reading in between sessions
• Short quiz
• Certificate of Completion
• Network with like-minded people

*Note: The eligibility for the certification of completion is conditional on a minimum of 80% attendance in the sessions and a minimum score of 80 on the quiz.

WHAT YOU WILL LEARN

In this course, you will: 

• Understand the drivers of population aging and the demographic trends of aging and longevity around the world
• Learn about the relationship between GDP per Capita, healthcare expenditure, health span and life span around the world
• Understand the effect of the changing demography on the sustainability of pension and healthcare systems and the different approaches taken by governments to overcome these challenges.
• Be aware of the reciprocal relationship between aging, labor markets and the new intergenerational contract
• Understand the expected effect of aging on financial markets and interest rates.

WHO IS THIS COURSE FOR

Executives in financial institutions (banks, insurance companies, asset management firms, and Fintech companies), financial regulators, governmental organizations, and international NGOs who are interested in understanding the effect of the demographic trend of aging on the labor markets, pension, and healthcare systems and financial markets.

THE COURSE IS INTERNATIONAL AND THEREFORE PEOPLE FROM ALL OVER THE WORLD ARE INVITED TO REGISTER!

Method: Live sessions via Zoom including presentations, and interactive sessions.

Duration: Five weekly modules of 2 hours each and 1-2 hours of reading between the sessions.

Dates: 6.6, 13.6, 20.6, 27.6, 18.7

3-5 pm CET

Price: 1400 USD (+50 USD for the Certificate of Completion)

Price for members: 30% off using your personal membership code

Learn more about our Membership Program.

CURRICULUM

MODULE 1- THE DEMOGRAPHIC TRENDS OF AGING AROUND THE WORLD

•Drivers of population aging

•Cross-country differences in population aging

•Different approaches to measuring population aging

•Different types of demographic pyramids

•The tension between the “Aging crisis” and the “Longevity Economy” and “developed vs developing world”

MODULE 2- THE EFFECT OF AGING ON HEALTHCARE SYSTEMS

•The relationship between GDP per Capita, healthcare expenditure, health span and life span

•Typologies of healthcare systems around the world

•The effect of aging on the sustainability of healthcare systems

•The challenges and opportunities in the “Care Economy”

MODULE 3- THE EFFECT OF AGING ON PENSION SYSTEMS AND THE NEW INTERGENERATIONAL CONTRACT

•Trends in retirement and late life employment

•The effect of aging on pension systems

•Changes in the legal age of retirement and the new intergenerational contract

•Linking retirement age to life expectancy

•Is there a future to late life employment and why?

MODULE 4- THE EFFECT OF AGING ON FINANCIAL MARKETS AND INTEREST RATES

•Income, Consumption and Saving over the Life Cycle

•Demography and its effect on GDP per Capita

•Expected effects of demographic change on different asset classes, inflation, and interest rates

•Demographically attractive investment destinations

MODULE 5- NETWORKING SESSION

•Group discussion and a fireside chat with an expert in the field of longevity

•Wrap up and summary

FACULTY

Dr. Ira Sobel –Founder and Academic Director, Fintech for Longevity Academy, Israel

Dr. Hans Groth, Chairman of the World Demographic and Ageing Forum, St. Gallen, Switzerland

Dr. Manuel Buchmann, Research Director of the World Demographic and Ageing Forum, St. Gallen, Switzerland

Prof. Dr. Roland Rau, Member of the WDA Longevity Council

SAMPLE OF CERTIFICATE OF COMPLETION

*Certificates: Participants who successfully meet the minimum passing requirements at the end of the course will receive a Certificate of Completion. The minimum requirements are 80% of attendance and a minimum score of 80/100 on the quiz.