Country Report – Pensions in France (October 2021)

Paris, France

President Macron’s pension reforms were pretty much shredded by the pandemic. Asset managers and policymakers had been hoping that a successful reform programme would channel savings into supplementary pension vehicles like the FRPS. Instead, progress has been very slow indeed. We also profile the public sector scheme Ircantec and highlight Indefi’s latest research on the French institutional market.

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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands