Ictu warns airport pensions trustees over cash strategy
The Irish Congress of Trade Unions has said that the troubled €1.4bn airport pensions retirement fund must abandon its "very questionable" cash-only investment strategy.
The Irish Congress of Trade Unions has weighed into the airport pensions crisis with a warning that the troubled €1.4 billion retirement fund must abandon its "very questionable" cash-only investment strategy as "a matter of extreme urgency".
The warning was in a letter, seen by this newspaper, from Congress to the trustees of the fund.
Congress, headed by David Begg, said that its members were "alarmed" at a report that the vast majority of the...
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