Despite the billions of euro invested in Irish pens ions, many of the people in charge of pension schemes do not fully understand or fulfil their responsibilities. Already, the Pensions Ombudsman has received 422 complaints, even though the office was only set up in September of last year to investigate complaints about company pensions and Personal Retirement Savings Accounts.(PRSAs) One of these investigations resulted in apayoutof €50,000. The total value of Irish pension funds is...
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