Eircom Superannuation Fund

Brian Duncan serves as Chairman of the main Eircom Superannuation Fund, with Ray Lawlor chairing a parallel No. 2 scheme. Investment decisions rest with trustee boards whose members are drawn from employer and pensioner constituencies. The Association of Eircom Pensioners participates as the representative body for beneficiaries, and the fund's membership in the Irish Association of Pension Funds places its trustees within the governance standards and peer network of Irish institutional asset owners.

The fund directly owns at least three Dublin commercial properties: 1 Adelaide Road in Dublin 2, Leitrim House at 67-68 Upper Stephen Street in Dublin 8, and the Ship Street Exchange industrial property. These holdings concentrate the fund's direct real estate exposure in the Dublin office and light-industrial markets.

Yes. The fund participates in several pooled real-asset vehicles including the Irish Property Unit Trust (IPUT), one of Ireland's largest institutional property funds; the European Property Fund PEPLP, providing pan-European mixed-use exposure; and the Irish Forestry Unit Trust, adding timberland to the asset mix.

Eircom Limited is the sponsoring employer of the superannuation scheme. The fund operates as a separate legal trust with its own trustee board, fiduciary duties running to scheme members and beneficiaries rather than to the corporate sponsor. The Association of Eircom Pensioners represents retired members in engagement with both the fund and the employer.