Thursday 19 January 2017

Pensions raid robs us at our very heart

This huge strategic blunder has profound implications for our country into the future, writes Aengus Fanning

Published 15/05/2011 | 05:00

They have ruthlessly set about destroying one of the fundamental foundations of civil society in which most people are responsible, self-reliant citizens who work in the here-and-now for themselves and their families, and at the same time try to provide prudently for old age.

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The assassination of private pensions has consequences far beyond the sums done in the Department of Finance. It strikes at the heart -- and core philosophy -- of what we think our country should be.

Who in their right mind would invest in a pension in mid-life when they don't have a clue as to whether it will be there at all when they need it?

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