Pensions demystified, it's really just another way of saving

Just 53% of people understand how pensions work, and only 44% understand the uniquely attractive tax breaks. A leading pensions adviser outlines the key benefits
Pensions demystified, it's really just another way of saving

Mystery solved: Many people are missing out on tax breaks because theythink that pensions are a very complex topic, which puts them off thinking about it or doing anything about it.  Picture: iStock

The reality is that if we are to enjoy our retirement, we need money to do so. Bernard Walsh, head of pensions, Bank of Ireland, offers advice on how to plan your pension.

Bernard Walsh, head of pensions, Bank of Ireland.
Bernard Walsh, head of pensions, Bank of Ireland.

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