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

The climate concerns among chi...

00:09:58

The climate concerns among children

The Claire Byrne Show

00:09:58


Investigating Ireland’s privat...

00:14:07

Investigating Ireland’s private clamping industry

The Claire Byrne Show

00:14:07


Fianna Fail’s Think In kicks o...

00:12:42

Fianna Fail’s Think In kicks off in Tullamore

The Claire Byrne Show

00:12:42


How to get matched with the pe...

00:03:55

How to get matched with the perfect pet?

Newstalk Breakfast

00:03:55