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17 Nov 2014 The majority of adults are fearful that they will not have sufficient income in retirement »

The majority of adults are fearful that they will not have sufficient income in retirement

40% of households in Ireland (aged 25 to 55)  do not have private pension cover Over 80% of those without a private pension are not confident that they will have enough income in retirement One in four adults would like to have a better understanding of how pensions work 77% of adults believe that auto-enrolment is a good idea Research conducted by Friends First among adults nationwide reveals that 40% of households do not have private pension cover and will be dependent on the state pension upon retirement.  Less than half (46%) of people surveyed have their own private pension with a further 14% sharing a...

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6 Nov 2014 ‘The end of austerity’ »

‘The end of austerity’

Budget 2015 was billed by the Government yesterday as marking the end of austerity. With water charges on the way and most of the tax increases imposed since 2008 still in place it is a triumph of Government messaging that the media have all picked up and highlighted the “end of austerity” message. As the opening line of The Irish Times editorial notes:  “For the first time in seven years the Government’s budget has reversed the familiar formula of cutting spending and raising taxes”. The central message from the Government yesterday was that this is...

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