IFA salaries: Review set to be complete in December

The audit of the IFA’s corporate governance structures is being led by its ex-chief economist, Con Lucey, who quit a similar brief just over a year ago citing interference from then-IFA general secretary Pat Smith.
In a separate letter to IFA president Eddie Downey at the time of his resignation, Mr Lucey had written: “I believe that there is a compelling case for the establishment of a remuneration committee in IFA which would have responsibility for setting the levels of financial reward for the top two officeholders at least.”