IRELAND - The vast majority of Irish people who pay into defined contribution pension schemes are not putting enough away to ensure an adequate level of income in retirement, according to Raymond McKenna, director, people strategy at KPMG, speaking at a recent Irish Association of Pension Funds (IAPF) seminar, Dublin.
IAPF figures show that combined payments by employers and employees into Irish defined contribution pension schemes average 10% of salary. Projections across a range of age groups find that this le...
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