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

Icon, Star, Myth: Marilyn Monr...

00:15:21

Icon, Star, Myth: Marilyn Monroe at 100

The Pat Kenny Show

00:15:21


The DNA trail in the Sophie To...

00:09:31

The DNA trail in the Sophie Toscan du Plantier case expands

The Pat Kenny Show

00:09:31


Juvenile sentencing for seriou...

00:15:30

Juvenile sentencing for serious sexual offences: Where do we stand?

The Pat Kenny Show

00:15:30


Pat's Sunday Paper Review May...

00:17:05

Pat's Sunday Paper Review May 31st

The Pat Kenny Show

00:17:05