On the dates 3-7 October Transeuropean Centre of Commerce and Finance together with our partner, Business Events Management and the professional association of Pension Funds of France AFPEN carried out a seminar in Paris. The seminar concerned ogranisation and effective management of pension funds in France. The participants of the seminar were representing NFP Energy, Lukoil-Garant, Vnesheconombank and Halykbank (National Bsank of Kazakhstan). During an intensive working week the participants of the seminar concentrated on understanding of mechanisms completely new for them in the area of public pension systems as well as typically French industrial and additional non-governmental pension regimes. Participants of the seminar met up with a representative of the Pension Board affiliated with Prime Minister of France, CEOs of ERAFP and Préfon pension funds.

Meeting with the CEO of Préfon pension fund Mr. Carrega

The meeting that caused most interest was the visit to GDF-SUEZ where the members of Social Security department demonstrated to the delegates the way in which the company organises the pension schemes of its employees. The delegates also gained an insight into functioning of pension schemes of workers in electricity and gas industry. After a heated discussion the Russian delegates were invited by their French colleagues for lunch, where everyone had a further opportunity to exchange opinions and contacts.

On the last day of the conference the delegates focused on the interaction between pension funds with executive companies and depositary banks (this topic was coveren with an example of Aviva and BNP Paribas).