Legal proceedings issued against financial adviser who failed to move out of pension fund property
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Legal proceedings issued against financial adviser who failed to move out of pension fund property
"Significant rent arrears racked up A financial adviser has had legal proceedings issued against him after he failed to move out of a pension-fund property following an eviction notice."
"Martin Kelly (71), who is now retired, previously advised a group of investors to put their money into a pension fund that was used to buy Highfield Cottage in Ballinamona, near the village of Blackwater in Co Wexford, in 2018."
Martin Kelly, aged 71 and now retired, advised a group of investors to place funds into a pension fund that purchased Highfield Cottage in Ballinamona, near Blackwater, County Wexford, in 2018. Kelly continued to occupy the pension‑fund‑owned property after being served an eviction notice. Significant rent arrears accumulated while Kelly failed to vacate. Legal proceedings have been issued against Kelly as a result of the unpaid rent and his refusal to move out. The property remains owned by the investors through the pension fund arrangement.
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