Robust pension funds see off market volatility
This has been an interesting year for pensions, says Bernard Walsh, head of pensions at Bank of Ireland Life
So much has been thrown at the markets and they continue to power ahead. In the early part of the year, there were worries regarding a two-speed world with a strong US economy and a very sluggish Europe. We then started to see the impact of quantitative easing, whereby the European Bank bought bonds from banks as a means of stimulating economic growth.
Problems in Greece seemed to get worse and brinkmanship became the order...
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