Savings & Retirement Planning - Ireland - November 2017
“With precautionary saving being the leading motivation behind both NI and RoI consumers' saving activity, it is evident that Irish consumers are conscious of the need to prepare for the future. Despite this, there is a clear deficit between awareness of the need to prepare and actual preparation when it comes to retirement planning. There is an ongoing challenge facing the industry to continually promote and educate."
- Brian O’Connor, Senior Consumer Analyst
This report will look at the following areas:
- Economic growth and job creation in NI and RoI
- 29% of NI and 22% of RoI consumers well placed to save and invest
- Consumer confidence faring well, but spectre of Brexit having impact
- Little financial return on saving due to low interest rates
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