Workers voted over recent weeks while the result of both ballots emerged on Wednesday. File photograph: The Irish Times

State-owned transport group CIÉ faces a partial setback in efforts to tackle a near €550 million pension shortfall after workers backed proposals to r(...)

People Before Profit’s Bríd Smith, a candidate for Dublin South-Central, and Annette Mooney, the party’s candidate in Dublin Bay South, launching the party’s policy to restore the State pension age to 65. Photograph: Simon Carswell/The Irish Times

People Before Profit would restore the pension age to 65 to end the “daylight robbery” of State pensions under existing plans to extend the pension ag(...)

“Pension providers are often seen as old-fashioned and off-putting to younger people. There is plenty of scope for pension providers to change that perception. Photograph: iStock

Pension coverage remains stubbornly low in Ireland. According to the latest statistics from the CSO, only 56 per cent of workers in Ireland had supple(...)

“If you have a self-administered pension scheme, say two city centre apartments, the legislation will stop you from doing that.” Photograph: iStock

With most of Europe having already implemented the Institutions for Occupational Retirement Provision (IORP II) EU directive, it is due to come into I(...)

“If I offer you the choice whether you want to have a dinner on Friday night or do you want to put it towards the pension, you’re very likely to put the pension off until next week and then have dinner on Friday night.” Photograph: iStock
Bridging the pension gap

The National Risk Report 2019, published in August, highlighted that only about 35 per cent of people employed in the private sector were covered by a(...)

Pensions are hard to understand, partly because levels of financial literacy are generally low, ESRI research for the Pensions Authority has found.

Pensions are hard to understand, partly because levels of financial literacy are generally low, according to a series of ESRI studies. But they found (...)

‘Zero consideration has been given to the issue of adequacy or coverage; it doesn’t benefit citizens in any real meaningful way,’ says one pensions professional. Photograph: iStock

As if pensions weren’t already complicated enough, a move at Government level to impose new EU regulations on members of all occupational schemes is s(...)

I am 78 and my wife is 75. We are in receipt of the OAP and have modest savings. In addition we have an AMRF worth approximately €35,000. It is with a(...)

Mount Charles Group founder and chairman Trevor Annon. The group recently signed a franchise deal   Freshly Chopped that sees MCG opening at least six outlets in the North.

Belfast-headquartered support services company Mount Charles Group (MCG) reported a sharp rise in revenues last year, aided in part to contracts won i(...)

The Roadmap for Pensions Reform 2018-2023 comprises six strands. Photograph: iStock

The most wide-ranging changes ever proposed for pensions in Ireland were announced by the Government earlier this year. The Roadmap for Pensions Refor(...)

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