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
For those who can’t access a financial gift…
View original post 165 more words