As anticipation builds for the 2nd Edition of the Women (and men) IN Business and Leadership Conference – Slovenia and the Region, we reflect on the inspiring voices that have helped shape this platform for dialogue and progress.
Vida Šeme Hočevar, Member of the Management Board of Triglav Pension Company, is among those leaders whose thoughtful perspectives on financial resilience, social responsibility, and the empowerment of women continue to resonate far beyond the conference stage.
In this conversation, she reflects on the human dimension of pension systems, the structural challenges women face in retirement, and the importance of long-term thinking in both finance and leadership.
Member of the Management Board, Triglav Pension Company, WIB 2025, photo Željko Stevanić
Humanity as a Core Value
Looking back at her career, Vida Šeme Hočevar notes that the support she received early on sometimes came from unexpected places.
“Honestly, I feel that in the past I received more support from men. There weren’t many women who supported me, although it is true that times have changed, and things are different now.”
She believes that the financial sector—particularly the pension industry—must increasingly focus on communication and awareness.
“We primarily develop solutions by strengthening communication about the importance of supplementary insurance.”
For her, pension systems must always balance economic logic with human reality.
“Pension reform is only successful if it manages to be both human and long-term.”
Why Women Face Greater Financial Risk in Old Age
One of the most pressing structural issues in pension systems is the vulnerability of women in retirement.
According to Hočevar, the reasons are deeply rooted in social and professional patterns.
“Women are more vulnerable to poverty in old age for several reasons. During their active working years, they often interrupt their careers to care for children or elderly parents, work part-time more frequently, and are employed in lower-paid positions.”
These factors translate directly into lower pension contributions and ultimately lower pensions. At the same time, women live longer on average and are more frequently alone in old age.
“This means they must sustain themselves for a longer period with lower income. Therefore, it is crucial to recognize these differences early and incorporate them into pension and social policy design.”
Equally important, she says, is raising awareness among women during their working years so they can actively plan their financial future.
The Missing Voice of Young Generations
Another challenge in pension reform is the limited involvement of young people in discussions that will shape their own future.
“Young people are often underrepresented in the reform process, even though they will bear the greatest consequences of the decisions made.”
Without their participation, she warns, societies risk implementing short-term solutions that are not sustainable in the long run.
The Scandinavian Model: Inspiration or Illusion?
The Scandinavian welfare model is often presented as a benchmark for social systems, yet Hočevar offers a more nuanced perspective.
“We often idealize it, but the reality is more complex. Wage gaps are significant, migration policies create serious challenges, and the cost of living is extremely high. Not all that glitters is gold.”
For her, sustainable prosperity depends on something deeper than institutional design.
“A society that knows how to invest in knowledge, include different generations, and ensure stability will also be more successful on the global stage in the long run.”
Investing in Times of Crisis
As global markets face increasing volatility, she advises caution and patience.
“During a crisis, I advise investors to wait for more positive trends to emerge, if possible. They always do. The Gaussian curve is a constant.”
Her message is clear: financial cycles are inevitable, but a long-term perspective remains the most reliable strategy.
Women’s Leadership in the Financial Industry
Member of the Management Board, Triglav Pension Company, WIB 2025, photo Željko Stevanić
Hočevar believes that the qualities often associated with female leadership are becoming increasingly important in modern finance.
“The values that women bring—empathy, long-term vision, collaboration—are now crucial in the financial industry, which is moving toward sustainability and responsibility.”
However, she stresses that true equality will not come from individual success stories alone.
“True equal representation will be achieved when structures are adapted to the diversity of life paths, not just a single career pattern.”
To reach that goal, leaders must actively identify potential in women early in their careers and ensure transparent advancement opportunities.
“Systemic mechanisms such as quotas or diversity targets are sometimes necessary until these changes become a natural part of organizational culture.”
The Third Stage of Life
While retirement may seem distant, Hočevar approaches it thoughtfully and proactively.
“I am preparing myself holistically—financially, emotionally, and spiritually—even if this stage will not come for a while.”
For her, identity should not depend solely on a professional role.
“Work will not define me. I invest in relationships, health, and knowledge.”
She also sees this phase as an opportunity to contribute in new ways.
“I am interested in how I can give back to future generations—through mentoring, volunteering, or writing. The third stage of life is a time of maturation, learning, and passing on knowledge.”
Are We Using the Wisdom of the 60+ Generation?
When asked whether societies truly value the experience of older generations, her answer is direct.
“No.”
She believes the potential of this group remains largely untapped.
“This generation possesses deep institutional knowledge, historical context, and social skills that are rare in the digital age.”
What is needed, she argues, are structured mechanisms for knowledge transfer, such as mentoring programs, advisory roles, and strategic project participation.
“Age is not an obstacle—it is capital.”
