Mick Clifford: Home truths about retirement prospects

Having put pensions on the long finger, the State's new scheme is like bringing a few buckets of water to a house fire

Social Protection Minister Heather Humphreys announcing details of the State's new automatic enrolment retirement savings system. Picture: Maxwells

There was a glimpse of the future during the week and, to mangle a line from Beckett, things are looking dark, to put it brightly.

On Tuesday, the Government announced the introduction of an auto-enrolment scheme for pensions. This is a welcome and belated move.