Record year for pension savings

11th October, 2015

The Irish Association of Pension Funds (IAPF) annual investment survey released in August revealed the highest level of pension savings on record, with savings growing by €16.3 billion (18 per cent) in 2014 to €107.8 billion.

Pension savings have grown by 70 per cent since the crash in 2008, when they fell to €63.5 billion

What’s more surprising is that this has been achieved despite the dire economic backdrop and the government extracting an estimated €2.5 billion in levies...

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