Auto enrollment pensions

How about the government treat PAYE payers like adults and let use invest in whatever we want with our money without punitive taxation.

Just the awkward tax situation if you want to stick your spare cash into an etf rather than locking it away in a pension scheme.

So we should eliminate the 40% tax break on pension investments for higher rate taxpayers presumably?

I'm thinking of signing up for the Waylon Jennings pension plan! But seriously currently conflicted as to wether contributing more to a PRSA or holding out for AE is the best option. Employer is adding a very meager annual top up to PRSA.

AE seem like the better option as employer will be contributing a larger amount but will have to wait until whatever the future retirement age will be, while PRSA allows a tax free lump withdrawal at 60.

Yeah that doesn't surprise me, companies will try anything in fairness. The hard shoulder yesterday had "small employers" texting in complaining about the added cost, not realising that it will help with inflation in the short term and give more money to the retired in the long term. Plus on a minimum wage employee their contribution is just €400 a year

The way I see it even a 1% employer contribution is better than AE in a lot of cases, bearing in mind there's a lot of employers who up until now have contributed nothing

Centre-left is a bit of a stretch. Considering their pro-business approach centre-right is probably more applicable. In any case those funds are more or less what we have with our PRSA