IAPF calls for pensions tax relief

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IRELAND - The government should allow tax relief on all pensions contributions at 42% and abolish the exit fee penalty for SSIA (Special Savings Investment Accounts) money transferred into pensions savings, argues the Irish Association of Pension Funds (IAPF) in its pre-budget submission.

The measures would encourage retirement savings for low income earners, the IAPF said. Over the next 10 to 20 years, the association believes the government will realise a strong increase in tax re...

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