IRELAND - Four out of five defined benefit (DB) schemes are in deficit despite good investment returns last year, the 2009 Annual Review by Ireland's Pensions Board revealed.
The watchdog chief executive Brendan Kennedy pointed a finger at trustees saying it was their actions that would have the biggest impact on the health of the scheme. He said: "What determines wh...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
