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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date