“In 2019, the world witnessed very strong returns, with most equity markets posting strong double-digit returns” – so begins the 2020 edition of Mercer’s European Asset allocation survey, a comprehensive annual report now in its 18th year. It went on to note that Irish pension funds were diversifying away from equities. But what if certain equity holdings were not cashed in at the right time? That is the claim being levelled against the Irish subsidiary of Mercer, the global wealth consultancy firm, in new legal proceedings launched on behalf of the Aer Lingus pilots’ superannuation scheme. The pension scheme is…

Join The Currency

Special offer: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 1,500 exclusive interviews, investigations, and analysis, plus over 75 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for just €5, a saving of €20.

Cancel at any time.

To become a member today click here.