Multinationals could have pan-European pension funds by 2005, according to a prediction by Geoffrey Furlonger, chairman of the pan-European pensions group.

Furlonger was speaking at this week's Multi Pensions 2000 conference in Amsterdam, organised by IBC Global Conferences and pensions journal Investment & Pensions Europe. He said: &quotAll fatal barriers to pan-European pensions vehicles could be removed by 2005 as a result of current processes. It could even be sooner.&quot