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

Report on handling of Covid-19...

00:08:16

Report on handling of Covid-19 due by end of the year

The Hard Shoulder

00:08:16


Are you using up all your annu...

00:05:12

Are you using up all your annual leave?

The Hard Shoulder

00:05:12


Kids Clinic: How to stop your...

00:08:04

Kids Clinic: How to stop your child from cursing

The Hard Shoulder

00:08:04


Last objector withdraws action...

00:09:02

Last objector withdraws action over Galway city ring road

The Hard Shoulder

00:09:02