Today, despite the many challenges faced by customers because of high inflation and the cost of living rises, many SME businesses have shown remarkable resilience and flourished with the result that they have accumulated cash assets in the company. Good forward thinking business planning means that these same SME owners should look at pension funding opportunities in the most tax efficient manner.

If introduced to Ireland, auto enrolment would be the latest in a number of initiatives designed to bring more people under the pension umbrella and boost retirement savings.