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Breakfast Business with Joe Lynam

Presented by Newstalk's Business Editor Joe Lynam, this 30-minute programme focuses on the key business stories from home and abroad, market analysis, new business innovations and profile interviews. Listen and subscribe to Breakfast Business with Joe Lynam on Apple Podcasts and Spotify. Download, listen and subscribe on the Newstalk App. You can also listen to Newstalk live on newstalk.com or on Alexa, by and asking: 'Alexa, play Newstalk'

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Many companies are hoping to offload their DB pension schemes

Defined benefit pensions are also known as final salary schemes. They are the gold standard in retirement savings because they must pay a fixed generous sum based on your pay when you retire. They're also very expensive to fund because we’re all living much longer. Many companies are hoping to offload their DB pension schemes and Irish life is one of the biggest customers Shane O'Farrell, Irish Life Corporate Business spoke to Emmet this morning.