Eoin McGee answers: ‘My 20-year-old son has €20k in savings. Should I encourage him to start a workplace pension ahead of auto-enrolment?’

Can he still join the new government scheme if he works more hours in the future?

Employees aged under 30 can put up to 15pc of their salary into a pension. Photo: Getty

I have a 20-year-old student son who is doing part-time work, usually three shifts a week in a retailer. My question is this: he has approximately €20,000 in savings from various gifts since he was young.

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