Older workers ‘less likely to have made pension plans’
Consumer survey shows continuing lack of engagement with need to plan early for retirement
Consumer survey shows continuing lack of engagement with need to plan early for retirement
Failure to achieve 6% payments from workers and employers could significantly undermine the retirement income the plan is expected to deliver
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Department of Social Protection targeting start of scheme aimed at capturing 750,000 workers without pension plan in ‘early 2025′
Willis Towers Watson crunches pension numbers but advises that most workers will benefit more in a company scheme if one is available
At least five of eight serving assistant commissioners now seeking role following pledge to change how large pension pots are taxed
Budget set to be a pre-election attempt to win middle-class votes, with inheritance tax cuts, falling income taxes and housing on the agenda
Senior gardaí are concerned about being landed with large tax liabilities if they are appointed to the role
Inside Business podcast with Ciarán Hancock
Fossil fuels, fast fashion, deforestation, gambling - do you know where your pension is invested?
More than four in five respondents support auto-enrolment but close to half warn of initial pushback
PwC and Independent Trustee Company say punitive tax on current €2m standard fund threshold is unfair
Programme guarantees employees 50% of base salary as a pension rather than a figure linked to market returns
Job comes with salary of €200,000 a year, but added wages could push pension pot to point where it is hit with tax liability
Unfortunately, diversification isn’t what it used to be
Seen & Heard: VAT surprise for Uber drivers; McKillen’s ‘informal contract’ with Sheikh; renewable firms’ crisis profits; pension deadline
Ceann Comhairle recalls House as ‘like being on board the Mary Celeste’ because only two parliamentarians attended final debate on important pensions Bill
While the law bans discrimination, including ageism in the workplace, it remains a significant concern in Ireland due to the generational divide
The power of compounding is key to building a pension pot and it means how long something is invested for is probably more important than how much is invested
Younger workers more focused on gym membership and company cars as cost-of-living surge increases focus on workplace benefits
We should not penalise people for making up for lost time on their pension
Absence of ‘public awareness’ programme outlining benefits of mandatory workplace pensions could derail scheme
People forget about pensions they may have paid into at former jobs and former employers lose track when employees leave
Legislation holds planned new mandatory workplace pension scheme to lower regulatory standards than private sector rivals
Many Irish employers will struggle with the implementation of the upcoming system, staffing agency warns
Auto-enrolment legislation is a missed opportunity as calls for measures to boost women’s pension funds were ignored
Auto-enrolment start date has slipped several times before. Now pegged for ‘early 2025′, will it slip again?
For people on social welfare, a windfall can unravel the financial support available without careful advance planning
Groups seek Government to change standard fund threshold arrangements which could see them face additional taxation on retirement
Central Bank data says average Irish occupational fund is now worth just over €80,000
Proposed changes will slightly increase poverty rates, particularly among children, ESRI says
Retirement Planning Council strongly advises that people need to engage with retirement decisions about two years before they expect to retire
Views expressed changed depending on how close the respondents were to retirement, survey by life insurance company Royal London Ireland finds
CPA Ireland president says many small and medium businesses may not be able to afford cost of auto-enrolment
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