Latest News

  • 17 June 2024
    Investment strategy (liquidity risk) guidance for trustees
    18 June 2024:  Today, the Pensions Authority publishes its guidance for trustees concerning investment strategies that may give rise to significant liquidity risks. This guidance is available on the guidance page of the Authority’s website.
  • 7 June 2024
    Pensions Council Paper on Master Trusts – a practical guide for Employers and Trustees
    7 June 2024: In the context of the move towards Master Trusts as the basis for pension provision by increasing numbers of employers in Ireland, the Pensions Council has undertaken a review of the transition exercise and the main points of consideration for stakeholders in navigating that transition. This work has led to the compilation … Continued
  • 6 March 2024
    Selection of EIOPA’s next Stakeholder Groups
    Wednesday 6 March 2024: EIOPA is launching a call for expression of interest for suitable personnel to renew its two stakeholder groups: EIOPA’s Stakeholder Groups facilitate EIOPA’s consultation with stakeholders in Europe on issues such as technical standards, guidelines, and recommendations that apply to the insurance and pension sectors. This is a unique opportunity for … Continued
  • 2 January 2024
    Change to the calculation of fees for occupational pension schemes
    2 January 2024: Today, the Pensions Authority publishes a change to the calculation of fees for occupational pension schemes with 20 or more participating employers. The Minister for Social Protection, with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, has approved a revised definition of ‘active member’ for the … Continued
  • 18 December 2023
    Pensions Authority publishes its engagement and audit findings report for 2023
    18 December 2023: Today, the Pensions Authority publishes its engagement and audit findings report for 2023. The purpose of the report is to share observations on the key findings identified during the Authority’s engagement and audit activity in 2023. Engagements included face-to-face meetings with defined contribution (DC) master trusts (MTs) and large defined benefit (DB) schemes. … Continued
  • 6 December 2023
    Information on supervisory review process
    6 December 2023: Today, the Pensions Authority publishes information on the supervisory review process (SRP) provided for under the Pensions Act, following the transposition of the IORP II Directive. Supervisory review process Section 26J of the Pensions Act requires the Authority to conduct SRPs in relation to the strategies, processes and reporting procedures established by … Continued
  • 30 November 2023
    Information on the 2023 annual compliance statement
    30 November 2023: Today, the Pensions Authority publishes information on the annual compliance statement (ACS) for 2023 that is provided for under the Pensions Act. Annual compliance statement requirement Section 26T of the Pensions Act requires trustees to prepare an ACS not later than 31 January each year for the preceding year for the purposes of … Continued
  • 31 October 2023
    The Pensions Authority publishes statistics for funded defined benefit schemes
    31 October 2023: Today, the Pensions Authority publishes its annual defined benefit scheme statistics. These statistics are compiled from the annual actuarial data returns (AADRs) submitted to the Authority. This year’s publication is presented in a time series format and includes statistics for previous years based on data from AADR submissions with effective dates up … Continued
  • 27 October 2023
    Information on amendments to the Occupational Pension Schemes (Preservation of Benefits) Regulations, 2022 (the Preservation Regulations)
    27 October 2023: Today the Pensions Authority publishes information for trustees on the amendments provided for under the Occupational Pension Schemes (Preservation of Benefits) (Amendment) Regulations, 2023 (S.I. No. 499 of 2023) which came into force on 17 October 2023. These regulations amend certain provisions of the Preservation Regulations. The main changes are outlined below. … Continued