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

Jimmy MacCarthy re-releases &#...

00:11:51

Jimmy MacCarthy re-releases 'The Song of the Singing Horseman'

The Pat Kenny Show

00:11:51


New AI eye test can measure ri...

00:15:14

New AI eye test can measure risk of heart attack from a photo

The Pat Kenny Show

00:15:14


What will Christine Lagarde�...

00:07:01

What will Christine Lagarde's legacy be?

The Pat Kenny Show

00:07:01


Traditional Irish curly kale w...

00:05:20

Traditional Irish curly kale with Gareth Mullins

The Pat Kenny Show

00:05:20