How can people save for pensions on current wages?

The Cedar Lounge Revolution

Brian Keegan of Chartered Accountants Ireland writing in the Sunday Business Post a few weekends ago made the now oft-articulated point in relation to pensions that:

…while [mandatory or automatic enrolment] is all to the good, we are still a long way from addressing the situation that only one-in three private sector workers are making her own provision for retirement on top fo the contributory sate pension. More people need to do so. There is an undertaking in the pensions reform roadmap that the state pension will not fall below one third of the average industrial wage.

Yet how can this be? Could it be that wages in the private sector are too low, that other costs also impinge to prevent workers from having sufficient income to

Sure could… As SIPTU’s Marie Sherlock writing about housing last week in the IT notes:

For those who can’t access a financial gift…

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Author: seachranaidhe1

About Me I studied for six months training and became certified in Exam 070-271 in May 2010 and shortly after that became certifed in Exam 070-272. I scored highly in both Exams and hope to upgrade my path to M.C.S.A. ( Server Administrator ) in the near future.I also hold Level 2 Qualifications in three subjects Microsoft Word, Microsoft Powerpoint and Microsoft Spreedsheets. I have also expereance with Web Design using Microsoft Front-Page.

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