Pensions levy's 'devastating impact' on Irish market

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IRELAND - The Government's controversial pensions levy has had a "devastating impact" on the country's pension system, Irish Life & Permanent chief executive, retail, Gerry Hassett has claimed.

Speaking at the Irish Life Pensions conference in Dublin, Hassett said the levy had not only caused a €1.8bn reduction within private pension funds, but had "undermined any remaining confidence in ...

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