Preparation is the key to a successful pension

There is an appetite among Irish people to take ownership of a pension, but more needs to be done to facilitate this, says State Street Global Advisors. Siobhán Maguire reports

Ann Prendergast, head of State Street Global Advisors Ireland

When State Street Global Advisors published a global survey on attitudes to pensions late last year, Irish people were among the highest to recognise the importance of pension retirement readiness.

Delving even further into the findings of the Global Retirement Reality Report 2018, State Street Global Advisors compiled what it calls a ‘Happiness Formula’, a closer inspection of what was really happening in the pensions landscape of each of the eight countries polled.