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Posts Tagged ‘Pensions’

THE PENSION LEVY – THE HARSH REALITY

Whatever about the moral and constitutional repugnance of the proposals and the non-performance of fund managers who extract large fees, others have been busy getting to getting to grips with the bottom line. The Sunday Business Post reports private pension funds could drop in value by 21% if the new levy becomes a permanent fixture. And let’s face it, what Government is likely to voluntarily release its grip on any revenue stream, particularly given the situation in which this country finds itself for the foreseeable future?

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