Saturday October 31, 2020

Comment: Future looks very complicated for numerous pension holders

Defined contribution is the future for pensions, but the system needs to be seriously overhauled if people's savings are to be properly protected, writes John Tuohy.

8th December, 2013

Most of us are ill-equipped to play golf, but it doesn't stop us trying. When it comes to financial planning we are also not equipped, and we use this as an excuse as we don't want to do it anyway - so the result is that many of the current employee generation is going to arrive into retirement facing a bleak future.

With the shyness towards the topic, the paradigm shift under way in pensions...

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