BIAM hires director from Morgan Stanley
IRELAND - Bank of Ireland Asset Management (BIAM) has hired a managing director of Morgan Stanley Investment Management in London as a director and member of its global investment team.
Paul Boyne will take up his new position early in the New Year, with specific responsibility for managing global equities, BIAM said. Boyne, who joined Morgan Stanley in 1993, is currently a senior member...
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Irish pension funds face new risk reserve requirements
IRELAND - Underfunded pension funds will have to meet new risk reserves which could add 10% to its funding requirements and will have the ability to use sovereign annuities under the proposed new funding standard.
Company director convicted for failing to deposit pensions
IRELAND - An Irish construction company director has been convicted for failing to pass on employee pension contributions to the Construction Worker Pension Scheme (CWPS).
