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Thu 07 Jul 2008€15bn loss means Irish pension funds are worth less than in 2005
IRISH PENSION funds have lost €15 billion in the first half of the year and are now worth less than they were at the end of 2005.
Figures for the performance of Irish group-managed pension funds over the first six months of 2008 show that, as a group, they are nursing losses of 14.7 per cent.
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