‘Majority unaware of pension-related tax reliefs’

A majority of Irish people are unaware of the tax reliefs associated with saving for their futures, according to the pension firm Hibernian.

A majority of Irish people are unaware of the tax reliefs associated with saving for their futures, according to the pension firm Hibernian.

The company said 54% of respondents to a survey it commissioned were unaware that they could avail of tax relief on pension contributions.

It also said 69% of respondents did not have any pension, despite ongoing publicity campaigns aimed at boosting pension coverage.

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