HomeWorldHow to survive and thrive in the minefield of self-employed pension planning

How to survive and thrive in the minefield of self-employed pension planning

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Ireland’s sole traders are very much alone when it comes to securing financial comfort in retirement. Don’t overlook the importance of getting good, independent advice

It is not unusual for entrepreneurs and self-employed individuals to sacrifice their pension savings over the years. Photo: Getty

The sharp jump in the number of business failures so far this year is a stark reminder of how challenging it is to run your own business.

The number of businesses that became insolvent during the first nine months of the year is up more than a third on the same period last year, according to PricewaterhouseCoopers’ latest Insolvency Barometer.

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