Irish Life launches its PRSA product

CASH earmarked by the Government to promote Personal Retirement Savings Accounts (PRSAs) should be used to educate the public, a leading pensions seller said yesterday.

Irish Life, the country's largest pension provider, launched its PRSA products PRSA Standard and PRSA Performance yesterday.

Speaking at the launch, Irish Life Retail chief executive Denis Casey called on the Government to mount an extensive public information campaign in support of pension planning and PRSAs in particular.