1 to watch: Parlon hits out at wild allegations on pensions

[RecessionMonkey]

independent.ie/national-news/parlon-hits-out-at-wild-allegations-on-pensions-2989311.html

Beades has since repeatedly sought detailed information specifically in relation to around €30m which, he claims, is controlled by senior CIF and trade union officials “unknown to the membership of the CIF and employees” who make contributions.

He is accusing the CIF of a “blatant disregard” for “safe accounting” and is calling on the Pensions Ombudsman to conduct an investigation.

Mr Beades maintains that there is a lot of disquiet in the industry in relation to the administration of the pension scheme. He claims that large sums have been collected which are not used for pension-contribution purposes.

MOD - potentially libelious statement removed