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Many companies are hoping to offload their DB pension schemes

Defined benefit pensions are also known as final salary schemes. They are the gold standard in retirement savings because they must pay a fixed generous sum based on your pay when you retire. They're also very expensive to fund because we’re all living much longer. Many companies are hoping to offload their DB pension schemes and Irish life is one of the biggest customers Shane O'Farrell, Irish Life Corporate Business spoke to Emmet this morning.

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05.45 14 Sep 2023

Many companies are hoping to o...

Many companies are hoping to offload their DB pension schemes

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Breakfast Business with Joe Lynam

Breakfast Business with Joe Lynam

Share this article

05.45 14 Sep 2023

Defined benefit pensions are also known as final salary schemes. They are the gold standard in retirement savings because they must pay a fixed generous sum based on your pay when you retire. They're also very expensive to fund because we’re all living much longer.

Many companies are hoping to offload their DB pension schemes and Irish life is one of the biggest customers

Shane O'Farrell, Irish Life Corporate Business spoke to Emmet this morning.

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Breakfast Business

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