The auto-enrolment pension scheme seems good on paper, but how will it actually work?
Listen now
Description
On this week’s episode of the Inside Business podcast, we look at the pension pots that auto enrolment could deliver for workers on an average wage.   The State is planning to establish the scheme for workers who do not already have pension cover in their workplace. It has been much delayed but is moving forward and EY this week crunched the numbers to see what workers might get by way of a pension when they retire.   Dominic Coyle of the Irish Times reported on EY’s figures and joined host Ciarán Hancock in studio to explain how exactly auto enrolment will work.   Also on the podcast, the Minister for Finance Michael McGrath’s announced last week that he intended to set up two new funds to help meet the costs of running the State in the years ahead. Cliff Taylor of The Irish Times has been writing about this and joined Ciarán to outline what the funds would be used for and how much tax revenue would be set aside to fund them. Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
More Episodes
This week we take a deep dive into the issues impacting tech giant Apple. In the year to date, the iPhone maker's share price has fallen by more than 8 per cent, and about €300 billion has been wiped off its market value. Apple has ceded to Microsoft its status as the most valuable US company....
Published 05/01/24
On this week’s Inside Business with Ciarán Hancock we look at Aviva’s plan to re-enter the Irish health insurance market and what that might mean for consumers.   Will this deliver lower prices for hard pressed Irish consumers? Will it bring additional benefits in coverage? And is worth the...
Published 04/24/24