Large number of Irish pension funds lack scale, says British expert
Smaller number of large pensions preferable to current fractured system
Ireland has too many small workplace pension funds and needs to tidy them up before any pension reform begins, according to Britain’s top private pension expert.
Charlotte Clark, director for private pensions at Britain’s Department for Work and Pensions, said that while the most important thing for pensions is ensuring that people have them and are making payments, it is also vital to have scale in those pensions.
Clark – who has overarching ...
