New pensioners: Automatic enrollment will ramp up demand for pension schemes
The Irish Pension Funding industry is immature compared to other OECD countries. The proportion of the workforce enrolled in some form of pension scheme is low. The industry has been affected by high volatility in financial markets. Revenue is expected to fall at a compound annual rate of 0.6% to £18.3 billion over the five years through 2023, including forecast growth of 0.4% in 2022-23.
The Pension Funding industry provides retirement benefits for people no longer earning an income. The industry includes both occupational and personal pension schemes. State pensions are excluded from this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Methodology
LOADING...
