Surge in pan-European pensions?

26% of the 323 European pension funds responding to Tower Perrin's recent survey say they're currently considering to create a cross-border plan in the next ten years. The main advantages quoted are cost savings, improved governance / control and risk management. Instead of a fully fledged, complex pan-European plan, respondents are looking to implement piecemeal, manageable individual aspects, taking opportunity of many corporate's eastward shift in operations. (IPE)