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 Lynam on Newstalk Business Breakfast, Alan Merriman the Chief Executive of Elkstone shares his thoughts on placing a proportion of this savings pot in Irish companies to support startups here rather than in America.

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