Pensions conundrum lies in a legal minefield

The revelations this week of what the top brass at banks get in their pensions sparked outrage. But the banks should not be swayed by public anger into pursuing former executives for recovery of funds lost, writes Kyran Fitzgerald

If a proposal that the Government drastically reduce the pensions payable to bank executives at taxpayer-funded Irish banks were to be put to the people in a referendum today, there would be little doubt about the popular verdict.

And there would be few concerns about the strength of the voter turnout.