In a move similar to Ireland's National Pensions Reserve Fund (NPRF), the French government is creating a FFR50bn (EUR7.6bn) reserve fund - all of which will be outsourced at the end of the year.
According to the Ministry of Employment and Solidarity in Paris final approval for Le Fond de Reserves pour les Retraites from the Assemblee Nationale is expected by the end of June. Financial o...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
