FRANCE - Dutch regulations are "killing" pension funds by using a discount rate that forces them to de-risk, said Anton van Nunen, director of Van Nunen & Partners.
FRANCE - Improving companies through corporate governance will remain "a fantasy" until pension trustees better align their managers' incentives, said Mark Fawcett, chief investment officer at the UK's National Employment Savings Trust.
FRANCE - The Organisation for Economic Co-operation and Development (OECD) plans to start its research on managing longevity risk in January, and could propose governments issue life expectancy indexes.
FRANCE - The Fonds de réserve pour les retraites (FRR) has fired BlackRock from a €478m ($651m) US small-cap equity portfolio, taking 87% of the assets the firm runs in the strategy.
FRANCE - Alcatel-Lucent's deficit for its pension and other post employment benefits (OPEB) dropped by nearly 22% to €1.41bn ($1.92bn) over the third quarter.
FRANCE - Train services were disrupted and flights canceled after French unions called for a fifth, and some said final, strike today against President Nicolas Sarkozy's pension bill, passed by parliament.
FRANCE - Fonds de reserve pour les retraites (FRR) has put its currency overly mandate out to tender.
FRANCE - Le Fonds de Reserve pour les Retraites (FRR) has signed up to the Emerging Markets Disclosure Project (EMDP) to help promote transparency in developing markets.
FRANCE - President Nicolas Sarkozy has announced plans to amend France's pension reform to prevent parents who interrupt their careers to raise children from being penalised.
FRANCE - A bid by French president Nicolas Sarkozy to raise the official retirement age from 60 to 62 by 2018 has been approved by the lower house of parliament.