Don’t be frightened off by pension scare stories

Financial advice for farmers from chartered tax adviser Kieran Coughlan, Belgooly, Co Cork

Those working in the agriculture, fishing and forestry sectors have relatively low private pension coverage compared to other sectors of the economy, at just 28.1%.

On the ground, it’s clear that a host of factors result in such low coverage, ranging from general scepticism of pensions, and low disposable income, to higher priority for on-farm capital investments.