A fundamental problem with pensions, observes Ralph Benson, co-founder and head of financial advice at Moneycube.ie, is that there is a significant lack of self-confidence around finance in Ireland.

Trade unions and the Government are planning a new push this week to encourage more Irish workers to take out pensions.

The Government is looking for high-profile in-their-prime sports stars - to highlight the benefits of looking ahead to a pension.