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

Winners and Sinners

00:27:00

Winners and Sinners

The Hard Shoulder

00:27:00


Zelenskyy sends open letter to...

00:07:25

Zelenskyy sends open letter to Putin proposing end of Russia-Ukraine war

The Hard Shoulder

00:07:25


Katie Taylor on her upcoming C...

00:09:45

Katie Taylor on her upcoming Croke Park fight - Henry McKean Reports

The Hard Shoulder

00:09:45


Sport with John Duggan: Katie...

00:07:16

Sport with John Duggan: Katie Taylor Croke Park fight confirmed

The Hard Shoulder

00:07:16