From our Perspective: Voting with their feet

Two factors have prompted the French pension fund UMR Corem and the insurer AG2R La Mondiale to seek a jurisdiction outside France for pension activities. One is the onset of Solvency II and the other, closely related, is the lack of an IORP-compliant regime in France for the provision of second-pillar pensions that would help them avoid the structures of Solvency II.

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IPE editorial provides coverage of foreign pension funds’ experiences from which we can take ideas; we can also use it to share ideas regarding new and pioneering projects.

Ivonne Forno , CEO of Laborfonds