You Must Contribute to a Pension, but Not Too Much!

As Ireland grapples with the challenge of an aging population and insufficient pension savings, the government’s solution of auto-enrolment is due to come into force in 2025. Ironically as some people are forced into pension schemes for the first time, it is expected that the upcoming budget will restrict employer contributions to PRSAs.

In his latest piece for the FM Report, ITC Group's Eoin Hassett raises concerns with the upcoming auto enrolment pension scheme and the prospect of changes to the lump sum contribution rules for PRSAs, in the upcoming budget.

To read his full piece, please click here