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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