Sunday 22 October 2017

No golden handshake for watchdog chief

THE head of the country's consumer watchdog will not receive a golden handshake when she steps down from her €176,000-a-year job this week.

But National Consumer Agency (NCA) chief executive Ann Fitzgerald will be entitled to a generous pension as a member of the defined benefit superannuation scheme.

Jobs Minister Richard Bruton has said he will scrap the 11-member board of the NCA when it is merged with rival organisation, the Competition Authority. A new body, the Consumer and Competition Authority, will be created in their place.

An acting chief executive will be appointed when the board meets on Thursday.

Mr Bruton paid tribute to the outgoing agency boss, saying she had been a strong advocate in the important field of consumer rights.

His department is in discussion with the Department of Public Expenditure about appointing a replacement chief executive.

Irish Independent

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