Firms stumble as pensions decline
With little sign of a stock market recovery, Ireland’s biggest private pension schemes are coming under severe pressure
Ireland’s chief executives are only too aware of the collapsing share prices of their companies, but the ongoing stock market slide has created a nasty side effect with potentially far-reaching - and longer lasting - consequences.
The fall in equities has not only hurt their own pockets and wiped out their chance to profit from stock options, but it has also devastated the funding profiles of their staff pension schemes - with worrying...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine