If Paris were a country it would rival cash-rich middle-eastern countries and emerging powerhouses like Singapore. This is especially the case after my wallet-busting weekend with the wife by the Seine; expect a much-needed fillip for French retail sales data.
Paris, though, does not tell the truth about a country that is increasingly looking like the sick man of Europe; certainly much more 'periphery' than 'core'. Paris might have looked lovely in the glow...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.