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

Is This World Cup More About B...

00:22:43

Is This World Cup More About Business Than Football?

Newstalk Daily

00:22:43


The Ultimate Guide: Europe by...

00:12:48

The Ultimate Guide: Europe by Rail

The Hard Shoulder

00:12:48


Are Irish people against onlin...

00:10:15

Are Irish people against online grocery shopping? - Meghan O’Halloran Reports

The Hard Shoulder

00:10:15


Controversial plans to reform...

00:06:09

Controversial plans to reform triple-lock system before Cabinet today

The Hard Shoulder

00:06:09