Work needed on pension funds
The pensions regulator and the sector need to produce a system that is secure, simple and fair, writes Jerry Moriarty.
The defined contribution (DC) pension arrangement continues to grow rapidly, accounting for €30 billion of the €80 billion in retirement savings in Ireland at the end of 2013. As defined benefit (DB) schemes continue to fall away more and more people will come to rely on DC pensions to provide for their retirement. With the growing importance of DC pensions, attention must turn to the development of this pension concept and to ensuring ...
