Fri 07 Jul 2007SSIA-type pensions preferrredA new study of florists, hairdressers and butchers has found
that they would be more likely to start a pension if the Government
introduced a bonus on their retirement savings to replace the
existing tax incentives.Researchers at the Smurfit business school at UCD found from a
sample of 70 butchers, 50 hairdressers and 50 florists that 86 per
cent of those without a pension would start one if the State gave a
contribution of €1 for every €1 saved. The Irish
Association of Pension Funds commissioned the study of service
sector professions.