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

Irish Times Chess Columnist re...

00:08:04

Irish Times Chess Columnist retires after 70 years

The Hard Shoulder Highlights

00:08:04


Coeliac Awareness Month - know...

00:12:35

Coeliac Awareness Month - knowing the symptoms

The Hard Shoulder Highlights

00:12:35


The Bookshelf with Michael McD...

00:14:37

The Bookshelf with Michael McDowell

The Hard Shoulder Highlights

00:14:37


Mark Moriarty talks saving mon...

00:09:52

Mark Moriarty talks saving money in the kitchen!

The Hard Shoulder Highlights

00:09:52