Saturday February 22, 2020

Public wait on pension fund levy fate

The 0.6 per cent charge will apply to the capital value of assets under management in Irish pension funds, but the levy is likely to be passed on to consumers

25th June, 2011

The value of assets in private pension funds will be determined on Thursday to figure out how much must be paid under the government’s controversial pension levy.

Last month, the government announced that it planned to fund its job creation measures with a temporary levy on private pensions.

The 0.6 per cent charge will apply to the capital value of assets under management in Irish pension funds for the next four years, and...

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