The total value of pension savings in Ireland stands at €142bn and rising. Most of that money will be invested in bonds and equities but most of those shares will be large American companies who aren't shy of a bob or two. Speaking to Joe this morning was Alan Merriman the Chief Executive of Elkstone and he believes that a certain proportion of our huge savings pot should be required to be placed in Irish companies to support startups here rather than in America.
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