State could improve pension take-up
The government could dramatically improve pension take-up by offering tax breaks to invest in deposit-based retirement products, according to a leading financial consultant.
The government could dramatically improve pension take-up by offering tax breaks to invest in deposit-based retirement products, according to a leading financial consultant.
Paul Overy, a director of Financial Engineering Network, said the government should reconsider its pension-related tax incentives in light of the lack of demand for Personal Retirement Savings Accounts (PRSAs), the SSIA follow-up initiative aimed at encouraging people to take out a private pension. Overy said the government only gave tax relief...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published