Advertisement

The Pension Timebomb hasn't gone away

Figures have revealed that most workers are not saving for a pension. Official data on the number...

Share this article

17.51 25 Apr 2019


The Pension Timebomb hasn't gone away


Listen to this episode


Share this article

17.51 25 Apr 2019


Figures have revealed that most workers are not saving for a pension.

Official data on the number of employees currently paying into an occupational scheme shows just 47pc of workers are currently contributing to an occupational or private pension.

So most will be relying on the State in old age.

Paul Kenny is the former Pension Ombudsman, and former Director for ten years of the Retirement Planning Council of Ireland and told Ivan what people can and should do.


Related Episodes

Steve Cavanagh on his new book...

00:11:21

Steve Cavanagh on his new book 'One of us is guilty'

The Pat Kenny Show

00:11:21


Pat's Sunday Papers Revie...

00:15:38

Pat's Sunday Papers Review August 2nd

The Pat Kenny Show

00:15:38


GAA in talks to limit numbers...

00:13:33

GAA in talks to limit numbers leaving Ireland for the AFL

The Pat Kenny Show

00:13:33


What Caused the Ceuta Surge?

00:12:05

What Caused the Ceuta Surge?

The Pat Kenny Show

00:12:05