Irish Life says savers do better under existing tax-relief regime and new approach will hit take home pay of lower earners the hardest
auto-enrolment
Irish Life says most companies have some pension “gap” but are reluctant to operate two schemes in parallel
The new State scheme will present employees with an important choice
Anything above so-called standard fund threshold is taxed at 40%
While more than half of men receive a private pension, fewer than one in three women receive the same benefit
Department of Social Protection tells employers new rules will allow transfer from compulsory scheme to workplace alternative
Some 800,000 workers will be brought into a scheme for the first time, but Sinn Féin says NTMA should manage new initiative and not private pensions sector
New figures show compulsory workplace saving could deliver a decent pension
Inside Business podcast with Ciarán Hancock
EY numbers suggest workers could retire with strong savings for retirement under new compulsory pension scheme
Analysis showed proposal by retired actuary could more than double income for workers in retirement
Industry observers skeptical that scheme – aimed at capturing 750,000 workers without pension plans – can be up and running by start of 2025
Report on UK mandatory pensions shows they have transformed the pension savings landscape within 12 years
Minister plans to launch request for tender on Friday to shortlisted firms to build landmark pensions system and publish enabling draft legislation in March
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