The Irish pension market is currently going through a period of significant regulatory change. The amendment to the taxation of contributions to Personal Retirement Savings Accounts (PRSAs) has clearly improved its offering as a retirement vehicle option and now is seen as a real alternative to the occupational pension scheme.
In his latest piece for The FM Report ITC Group's Eoin Hassett looks at the several benefits the PRSA now has over the occupational scheme and asks, are PRSA’s the future of retirement planning?
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*Please note this content is the view of the author and not of Independent Trustee Company