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

Claire Byrne Recommends: Never...

00:56:58

Claire Byrne Recommends: Never Have I Ever

The Claire Byrne Show

00:56:58


Winners and Sinners

00:28:04

Winners and Sinners

The Hard Shoulder

00:28:04


Microsoft paid more tax in Ire...

00:06:12

Microsoft paid more tax in Ireland than the US in past financial year

The Hard Shoulder

00:06:12


Should you ditch your gas cook...

00:08:15

Should you ditch your gas cooker if you have asthma?

The Hard Shoulder

00:08:15