IRELAND - The aggregate pension fund accounting deficit of the top 25 companies quoted on the Irish Stock Exchange and the top state-sponsored bodies totals €9bn (US$13.5bn), a study by Lane Clark and Peacock (LCP) revealed.
LCP said the deficits of the quoted companies has more than doubled to €4.5bn in the last year, while the total pension deficits of the four top state-sponsored bodies - Post, ESB, CIÉ and RTÉ - a...
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, 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
