Government's New Pension Plan Is "Ill-Advised"

The Athlone-based financial broker feels Minister Doherty is taking the wrong approach.

The Government is making a mess of attempting to do a good thing for workers without pensions in Ireland. 

That's the view of Director of Pensions and Investments at Claffey & Egan Financial Brokers in Athlone - Finbarr Egan.

Under the new plans, all workers aged between 23 and 60 who earn more than €20,000 a year would be signed up for a pension. 

Their employers would be required to match the contribution. 

But Mr. Egan believes the Social Protection Minister has been ill-advised about how the scheme should operate:

 

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