IFG Ireland set to return to profitability

IFG Ireland is on course to return to profitability over the course of this year with both operating results and revenue improving over the past 12 months, according to the company’s interim management statement.

Funds under management at IFG Corporate Pensions grew to €979m at the end of April, compared with €955m at the end of last December on the back of 17 new client wins so far this year.

Across IFG Group, which covers both Britain and Ireland, trading over the first four months of the year has been in line with expectations.