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

Movies and TV: Ride or Die, Lu...

00:12:49

Movies and TV: Ride or Die, Lucky, Ann Droid

The Hard Shoulder

00:12:49


What harmful substances are in...

00:08:54

What harmful substances are in illegal vapes?

The Hard Shoulder

00:08:54


The Taoiseach meets Zelenskyy...

00:07:35

The Taoiseach meets Zelenskyy in Kyiv - Emily Keegan Reports

The Hard Shoulder

00:07:35


The Thursday Interview: Keith...

00:12:44

The Thursday Interview: Keith Barry

The Hard Shoulder

00:12:44