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

Minister James Browne on new r...

00:16:32

Minister James Browne on new rural one-off housing rules

The Hard Shoulder

00:16:32


What makes a great comedy movi...

00:11:47

What makes a great comedy movie?

The Hard Shoulder

00:11:47


Water safety - and why you sho...

00:06:49

Water safety - and why you should never jump off bridges

The Hard Shoulder

00:06:49


M50 turns 21 - how can it be f...

00:10:47

M50 turns 21 - how can it be fixed?

The Hard Shoulder

00:10:47