Small to medium sized family owned businesses remain the cornerstone of the economy in Ireland. When it comes to family businesses, the rate of growth of the business often slows…
Having spent a lifetime building your business, you are looking to your retirement and trying to figure out how to get money out of your company, hoping to keep more…
Pension Assets under Threat
A recent legal decision could affect the future financial security of thousands of pension investors, especially those struggling with debts. According to Sunday Business Post correspondent, Emma Kennedy (25/4/2010).
http://archives.tcm.ie/businesspost/2010/04/25/story48765.asp
On Wednesday, April 14, a receiver was appointed over the pension assets of businessman Brendan Murtagh. The former Kingspan boss, who went on to purchase Smart Telecom, once had a multimillion euro fortune, but is now being pursued by investors for debts of close to €30 million.
(more…)