Advertisement

Many companies are hoping to offload their DB pension schemes

Defined benefit pensions are also known as final salary schemes.  They are the gold standard in retirement savings because they must pay a fixed generous sum based on your pay when you retire.   They're also very expensive to fund because we’re all living much longer. Many companies are hoping to offload their DB pension schemes and Irish life is one of the biggest customers   Shane O'Farrell, Irish Life Corporate Business spoke to Emmet this morning.

Share this article

05.45 14 Sep 2023


Many companies are hoping to offload their DB pension schemes



Share this article

05.45 14 Sep 2023


Defined benefit pensions are also known as final salary schemes.  They are the gold standard in retirement savings because they must pay a fixed generous sum based on your pay when you retire.   They're also very expensive to fund because we’re all living much longer.

Many companies are hoping to offload their DB pension schemes and Irish life is one of the biggest customers  

Shane O'Farrell, Irish Life Corporate Business spoke to Emmet this morning.


Read more about

Breakfast Business

Related Episodes

PAUL SHANKEY & PHILLY RYAN...

00:12:57

PAUL SHANKEY & PHILLY RYAN | Munster Championship Launch | Off The Ball's Tommy Rooney

OTB GAA

00:12:57


Mary Byrne, Singer and Make A...

00:03:29

Mary Byrne, Singer and Make A Wish Ambassador

Newstalk Breakfast Highlights

00:03:29


More reaction to President Tru...

00:17:43

More reaction to President Trump's plans for tariffs

Newstalk Breakfast Highlights

00:17:43


210. The Science Of Genetic Te...

00:13:30

210. The Science Of Genetic Testing

Show Me The Science With Luke O'Neill

00:13:30