Irish pension deficits up by 66%

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IRELAND - The total pension accounting deficit for Irish based ISEQ quoted companies has risen dramatically by 66% from 2007 levels, a study by new firm Attain Consulting has revealed.

The deficit figure was estimated at nearly €3.5bn (US$4.97bn) at the end of August. Maurice Whyms, director, Attain Consulting, said: "By the end of 2007 the 'ISEQ pension balance sheet' had rec...

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