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

Do we still need wedding speec...

00:14:01

Do we still need wedding speeches?

Lunchtime Live

00:14:01


Reasons to be Happy: Good Slee...

00:08:32

Reasons to be Happy: Good Sleep, Wing Transplant, Alzheimer's Test

Lunchtime Live

00:08:32


How much pocket money should y...

00:13:55

How much pocket money should you give to your kids?

Lunchtime Live

00:13:55


Making Babies: How to get preg...

00:13:39

Making Babies: How to get pregnant

Lunchtime Live

00:13:39