Bank proposes new pension scheme

Brian O’Mahony, Chief Business Correspondent

Bank proposes new pension scheme
Tue, 12 Jul, 2005 - 01:00

The Bank is proposing a Bonus PRSA scheme that reverses the way tax relief is applied to pension contributions.

In essence it suggests a 1 for 3 Tax Bonus to be applied to PRSAs which contrasts with the 1 for 4 SSIA plan.

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CourtsPlace: EuropePlace: IrelandPerson: Brian O’MahonyPerson: Chief Business CorrespondentPerson: Minister for Social WelfarePerson: Seamus BrennanPerson: Brian ForresterPerson: ForresterPerson: Minister for Social & Family AffairsPerson: MinisterOrganisation: BankOrganisation: Ireland LifeOrganisation: Bonus PRSAOrganisation: SSIAOrganisation: PRSAsOrganisation: Bank of Ireland Life/New IrelandOrganisation: PRSA
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