Savings & Investments: The best investment on the market

Even though pensions have taken a hit recently, they are still the most reliable investment tool, writes Margaret O'Brien.

11th March, 2012
Savings & Investments: The best investment on the market
Pensions are still reliable. Photo: Getty

There is consensus among financial advisers that pensions continue to offer the best investment vehicle for Irish savers.

While pension values suffered after the markets collapsed in 2008, the upshot is that investors are now a lot more savvy and understand the importance of diversification.

"There's no denying that returns were poor following the collapse in 2008, but values have returned," said Brendan McGinn, head of retirement services, Goodbody Wealth Management.

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