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Is it against the law not to have a pension?

classic_master · 2010-03-29 13:14:23

I had a pension with my previous two employers, but now i'm contracting, and i currently don't have a pension setup, i'd prefer to lump my money into the mortgage instead of pensions, is the fact i currently don't have an active pension a lawful issue or is it just a preference/future lifestyle issue?

29-03-2010 1:14pm

#1

classic_master

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Join Date: September 2007

Posts: 8

I had a pension with my previous two employers, but now i'm contracting, and i currently don't have a pension setup, i'd prefer to lump my money into the mortgage instead of pensions, is the fact i currently don't have an active pension a lawful issue or is it just a preference/future lifestyle issue?

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#2 29-03-2010 1:34pm

Ogham

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No law saying you have to have a private pension - but the government are trying to get more people to take them up -
http://www.moneyguideireland.com/national-pensions-framework-ireland-a-summary.html

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