Parmalat scandal hits Irish pensions

The National Pension Reserve fund has confirmed that it has suffered a loss of €1.4m as a result of the financial scandal at the Italian Group Parmalat.

Parmalat scandal hits Irish pensions
Fri, 09 Jan, 2004 - 08:11

The National Pension Reserve fund has confirmed that it has suffered a loss of €1.4m as a result of the financial scandal at the Italian Group Parmalat.

Meanwhile the Irish Association of Pension Funds have estimated that an additional €5m was lost by pension funds here due to the scandal.

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