Pensions Special: Who wants to work forever?

A tax incentive can influence personal decisions in a manner which is completely out of line to the benefit, as many who were scalded by property investments found to their cost in the last decade.

Pensions tax relief is different – it does exactly what it says on the tax return. A top rate taxpayer paying €1,000 per month into a retirement fund could save about €4,800 in income tax every year, and ...