Clarification

An article in the edition of August 1st last, concerning the pension arrangements of Mr Seán FitzPatrick, said that he invested…

An article in the edition of August 1st last, concerning the pension arrangements of Mr Seán FitzPatrick, said that he invested €1.75 million out of his Anglo Irish Bank retirement fund to purchase a pension product and that 100 per cent of its payments would go to his wife. In fact, the payments go into a joint account. Mrs FitzPatrick would only become the 100 per cent beneficiary on the death of Mr FitzPatrick.

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