Irish funds face massive fee hike

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IRELAND - Pension funds could face fee increases of up to 2400% if The Pensions Board goes ahead with plans to demand higher charges from members to cover higher staffing costs in 2009.

The Irish Association of Pension Funds (IAPF) told its members it had been invited to contribute to a meeting held by the Finance and Audit Committee in early January on the topic. Jerry Moria...

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