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: Spider-Man, The...

00:13:57

Movies and TV: Spider-Man, The Dink, 72 Hours

The Hard Shoulder

00:13:57


Glen Hansard Vigil on Grafton...

00:06:39

Glen Hansard Vigil on Grafton Street - Emily Keegan Reports

The Hard Shoulder

00:06:39


US launches new wave of strike...

00:09:59

US launches new wave of strikes on Iran - latest updates

The Hard Shoulder

00:09:59


Why do we love to gossip?

00:11:26

Why do we love to gossip?

The Hard Shoulder

00:11:26