There are approximately one million workers in the private sector on track to experience pensioner poverty in retirement, according to pensions provider Mercer Ireland CEO, John Mercer.[1] While CSO figures reveal low numbers of private sector workers paying into a private pension to secure their
Let’s face it, no one likes to pay tax, so any tax back offer from the Revenue is well a look, particularly when it relates to saving for your retirement. With the retirement age now set to increase to 68 in 2039[1], having enough in
There has been much made in the media of the recent Pensions Commission report handed down by Social Protection Minister Heather Humphreys where the recommendation was put forward to increase the State pension age to 67 in 2031. With little likelihood of a Sinn Féin
If you think you can’t afford to invest in a pension, you are not alone. The impact of mortgage and car repayments, personal credit and price hikes on a range of commodities from electricity to food, many people feel they simply don’t have the financial
With 2020 now well in the rear vision mirror, the future is looking much brighter than it did even six months ago. The Covid-19 vaccine roll-out and prospect of getting back to normal life is a great cause for optimism. But after a very rocky
After an unpredictable and rocky 2020, the new year inspires renewed confidence, especially with a Covid-19 vaccine currently being rolled out. Reflect on what is important to you The pandemic has cast our priorities in an entirely new light and now is the
With the Central Bank reporting savings on deposit at a record high in Ireland – an average of some €33,566 per adult – there are a host of challenges in 2021 for savers. Rather than being rewarded for saving money, savers are finding themselves
Invest in your pension before 31 October to get tax back. With the 2020 tax deadline just around the corner, why not take the opportunity to top up your pension and claim tax back? 2020 has been a challenging year and now more than ever
The coronavirus pandemic has given us a lot to think about in terms of our financial security. If you are planning to retire in the near future, you might have particular concerns. Market volatility and a range of economic predictions made for some difficult reading
With the Irish Pensions and Investment market currently worth more than €200 billion, it might come as a surprise that millions are lying dormant in bank accounts, waiting to be claimed. It is a worthy exercise to trace your pension. With the help of your
Have you put your pension planning on the long finger, or think the State Pension will be enough to support you in your retirement? According to Irish Life, 90% of people in Ireland are not on track with their pension savings. Given the State Pension
