Ireland: the state of our pensions

Ireland: the state of our pensions
James Kavanagh, managing director of Trustee Decisions

James Kavanagh of Trustee Decisions warns of an uncertain future ahead for the Irish pension system, writes Margaret O’Brien

Against a backdrop of changing demographics, the impact of globalisation, global equity markets rising, falling global bond prices and a rise in yields, Ireland’s state pension system is reported to be unsustainable in its current form.

James Kavanagh, managing director of Trustee Decisions, said: “The dramatic increase in the dependency ratio threatens the fiscal integrity not only of the pension system, but perhaps even the solvency of the nation-state.

“The number of recipients of...

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