ISEQ moves forward

Shares at banking big gun AIB have climbed 6c this morning to €22.46 as traders await reaction to news that the Labour Relations Commission has reversed a pension scheme decision that gives new staff guarantees.

Shares at banking big gun AIB have climbed 6c this morning to €22.46 as traders await reaction to news that the Labour Relations Commission has reversed a pension scheme decision that gives new guarantees to staff at the bank.

Head of Conciliation at the LRC, Kevin Foley said the bank should bring in a new scheme to give staff a guaranteed minimum pension on retirement.