Pan-European schemes still a pipedream

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EUROPE - Widespread implementation of pan-European pension schemes (PEPs) is up to ten years away, and current plans are unsuitable for the majority of companies to use, industry experts claim.

Speaking at the Professional Pensions 2008 conference, Mark Price, a member of Mercer's PEP taskforce said the lack of a 'ready made' vehicle was a severe problem holding back the take-up of PEPs,...

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