Friday 24 November 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

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.

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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