One man who won’t have too many concerns about his pension is U2 manager, Paul McGuinness. Principle Management, the management company behind the band, posted a loss in 2009 but the pay and pensions of its three directors rose by more than €1m, according to the Sunday Tribune.

Turnover for the year to end-March 2009 jumped to €6m from €3.8m and retained profit stood at €7.6m, even after last year’s loss of €230,000.


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