News Archive

19 August 2020
Assistant Principal Officer – Supervision and Enforcement
The Pensions Authority is seeking to recruit two Assistant Principal Officers’ in our Supervision and Enforcement Unit of the Pensions Authority.
15 July 2020
IIPM launch a new Higher Diploma in Pensions Management
The Irish Institute of Pensions Management (IIPM) have launched a new diploma in pensions management, in conjunction with Griffith College.
16 June 2020
Presentation to the Society of Actuaries in Ireland
Address by the Pensions Regulator to the Society of Actuaries in Ireland Scheme Actuaries’ Forum
10 March 2020
Pensions Authority reminder to trustees on investment strategy implementation for schemes under funding proposals
As part of its move to a risk based and forward looking approach to supervision, the Authority reminds defined benefit scheme trustees of its expectations in relation to investment strategy implementation for schemes that have a funding proposal for a term longer than 3 years.
3 March 2020
Summary of Pensions Authority regulatory activity for 2019
Tuesday 3 March 2020: Today, the Pensions Authority issues its summary of regulatory activity for 2019.
12 February 2020
Pensions Authority 2020 Engagement Programme
Wednesday 12 February 2020: The Pensions Authority is adopting a forward looking risk based approach to supervision. As part of this we are undertaking an engagement programme to assess how schemes are meeting their governance and risk obligations.
12 December 2019
EO Data Analyst
Thursday 12 December 2019: The Pensions Authority is seeking to recruit a Data Analyst (Executive Officer) to join the Regulatory Intelligence Unit (RIU) of the Pensions Authority. This is a permanent post.
10 December 2019
HEO Analyst and Team Lead
The Pensions Authority is seeking to recruit a Higher Executive Officer - Analyst and Team Lead. This is a permanent post.
28 November 2019
Guidance note on the European Union (Supplementary Pension Rights) Regulations 2019
The Pensions Authority have published a guidance note on the European Union (Supplementary Pension Rights) Regulations 2019 (S.I. No. 447 of 2019).
26 September 2019
HEO ICT Project Manager
The Pensions Authority is seeking to recruit a Higher Executive Officer (HEO) ICT Project Manager. This is a permanent post.
23 September 2019
FAQs on the Funding Standard Reserve
The Pensions Authority has published FAQs on the funding standard reserve requirements of the Pensions Act 1990, as amended (the Act).
30 July 2019
Updated Report of suspected non-remittance and Report Guidance
The Authority has updated its guidance and report in relation to suspected non-remittance/non-payment of contributions.
8 July 2019
Clerical Officer – Panel
Pensions Authority is seeking to establish a Clerical Officer panel from which any future permanent or temporary general CO posts in the Authority may be filled.
3 July 2019
Amendments to Disclosure of Information Regulations by Occupational Pension Schemes
Amendments to the Disclosure Regulations in relation to information to be made available on retirement or death of a member or beneficiary of a Defined Benefit scheme
1 July 2019
Higher Executive Officer – Solicitor/Barrister
The Pensions Authority is seeking to recruit a Higher Executive Officer (HEO) Solicitor/Barrister to join the Legal Unit. This is a permanent post.
25 June 2019
IT Infrastructure Manager (Assistant Principal) – Regulatory Intelligence Unit
The Pensions Authority is seeking to recruit an IT Infrastructure Manager (Assistant Principal) to join the Regulatory Intelligence Unit (RIU), reporting directly to the Head of RIU. This is a permanent post.
24 June 2019
Data Manager (Assistant Principal Officer) – Regulatory Intelligence Unit
The Pensions Authority is seeking to recruit a Data Manager (Assistant Principal) to join the Regulatory Intelligence Unit (RIU) of the Pensions Authority.
10 June 2019
Pensions Authority response to consultation on obligations for trustees of defined contribution (DC) master trusts
Monday 10 June 2019: Today, the Pensions Authority publishes it’s response to consultation on obligations for trustees of defined contribution (DC) master trusts.
9 April 2019
Launch of 2019 EU-wide stress test of occupational pension schemes
The European Insurance and Occupational Pensions Authority (EIOPA) launched its third EU-wide occupational pensions stress test on Tuesday 2 April.
1 March 2019
Pensions Authority Customer Survey 2019
Friday 1 March 2019: The Pensions Authority is conducting an anonymous online customer satisfaction survey.
27 February 2019
Appointments to the Pensions Council
Thursday 28 February 2019: The Minister for Employment Affairs and Social Protection invites applications from suitably qualified candidates to fill two vacancies on the Pensions Council.
31 January 2019
International Organisation of Pension Supervisors (IOPS) Public Consultation on ESG
Thursday 31 January 2019: On Monday 28 January 2019, IOPS launched their public consultation on the draft “IOPS Supervisory guidelines on the integration of environmental, social and governance (ESG) factors in the investment and risk management of pension funds”.
5 October 2018
Presentation by Brendan Kennedy Pensions Regulator to Irish Association of Pensions Funds (IAPF) Benefit Conference
Friday 5 October 2018: Presentation by Brendan Kennedy, Pensions Regulator, The Pensions Authority to the Irish Association of Pensions Funds at their Benefits Conference.
1 October 2018
IORP II Considerations for Trustees
Monday 1 October 2018: The Pensions Authority publishes information to give trustees an understanding of the breadth of their responsibilities arising from the provisions of the IORP II Directive.
11 September 2018
Automatic Enrolment Regional Consultation Seminars
Tuesday 11 September 2018: As part of the ongoing consultation process in relation to the Automatic Enrolment (AE) Retirement Savings System for Ireland and the Strawman proposals in this regard...
6 September 2018
New EIOPA and ECB reporting requirements
Friday 7 September 2018: New reporting requirements for pension schemes have been introduced by the European Insurance and Occupational Pensions Authority (EIOPA) and the European Central Bank (ECB).
30 August 2018
Central Bank statement on European Market Infrastructure Regulation (EMIR)
Thursday 30 August 2018: As trustees of occupational pension schemes and trust RACs will be aware, the EMIR regulation of 2014 introduced requirements on parties transacting in OTC derivatives, aimed at reducing the risks associated with those markets.
26 July 2018
Consultation on regulation of defined contribution (DC) master trusts – July 2018
Thursday 26 July 2018: The Pensions Authority has today published a consultation paper on the regulation of DC master trusts.
26 July 2018
Consultation on regulation of defined contribution (DC) master trusts – July 2018
Thursday 26 July 2018: The Pensions Authority has today published a consultation paper on the regulation of DC master trusts.
12 July 2018
Invitation to make a submission to the Interdepartmental pensions reform and taxation group public consultation
Wednesday 12 July 2018: As provided for in the Roadmap for Pensions Reform 2018 – 2023, the Interdepartmental Pensions Reform and Taxation Group (IDPRTG)[1] is undertaking a review of a number of pensions policy matters to inform Government policy in these areas.
8 June 2018
Pensions Authority compliance alert: managing conflicts of interest
Friday 8 June 2018: Trustees of occupational pension schemes are obliged to administer the scheme in accordance with the terms of the trust deed and rules.
24 May 2018
Information note on data protection for trustees of occupational pension schemes
Thursday 24 May 2018: Information note on data protection for trustees of occupational pension schemes
23 May 2018
Information note on data protection for trustees of occupational pension schemes
Thursday 24 May 2018: Information note on data protection for trustees of occupational pension schemes
12 April 2018
Pensions Authority compliance alert: Trustee Training
Thursday 12 April 2018: The Pensions Act (‘the Act’) requires scheme trustees to complete relevant trustee training within specified timeframes.
23 February 2018
Pensions Authority Revised Notification to Trustees
Friday 23 February 2018: The Pensions Authority wishes to issue a revised notification to relevant pension scheme trustees notifying them of their obligations under the European Union (Occupational Pension Schemes Investment) (Amendment) Regulations 2016 (the “Regulations”).
19 February 2018
Pensions Authority compliance alert: 2018 Trustee administration calendar
Monday 19 February 2018: The Authority recommends scheme trustees establish a governance plan of action to ensure they develop and apply appropriate policies, processes and controls in the management of their scheme’s administration.
19 February 2018
Pensions Authority compliance alert: 2018 Trustee administration calendar
Monday 19 February 2018: The Authority recommends scheme trustees establish a governance plan of action to ensure they develop and apply appropriate policies, processes and controls in the management of their scheme’s administration.
19 February 2018
Pensions Authority Notification to Trustees
Tuesday 6 February 2018: S.I. No. 643/2016 – European Union (Occupational Pension Schemes Investment) (Amendment) Regulations 2016
6 February 2018
Pensions Authority Notification to Trustees
Tuesday 6 February 2018: S.I. No. 643/2016 – European Union (Occupational Pension Schemes Investment) (Amendment) Regulations 2016
11 December 2017
Pensions Authority Compliance Alert: The Sectoral Employment Order (Construction Sector) 2017
Monday 11 December 2017: A new Sectoral Employment Order (SEO) for the construction industry took effect from 19 October 2017.
25 May 2017
Pensions Authority compliance alert: Electronic communications and member consent
Thursday 25 May 2017: The Authority is alerting trustees of issues in relation to member consent that should be borne in mind if trustees are considering issuing statutory information electronically.
27 April 2017
Pensions Authority compliance alert: Signing of Annual Reports
27 April 2017: The Pensions Authority has identified a number of instances of non-compliance with the trustee obligation to sign annual reports. The Authority is alerting trustees to the importance of signing annual reports and not delegating or outsourcing this statutory obligation.
27 April 2017
Pensions Authority compliance alert: Signing of Annual Reports
27 April 2017: The Pensions Authority has identified a number of instances of non-compliance with the trustee obligation to sign annual reports. The Authority is alerting trustees to the importance of signing annual reports and not delegating or outsourcing this statutory obligation.
29 November 2016
Prescribed Guidance in Relation to Section 34 of the Pensions Act 1990 (Oct 2016)
The Authority has issued revised statutory guidance, approved by the Minister on 21 September 2016, in relation to section 34 of the Pensions Act.
29 November 2016
Prescribed Guidance in Relation to Section 34 of the Pensions Act 1990 (Oct 2016)
The Authority has issued revised statutory guidance, approved by the Minister on 21 September 2016, in relation to section 34 of the Pensions Act.
14 October 2016
Pensions Reform Consultation Forum
The Pensions Authority published a consultation paper containing its proposals for reform and simplification of supplementary private funded pensions
14 October 2016
Pensions Authority establishes new Regulatory Intelligence Unit
The Pensions Authority has established a new Regulatory Intelligence function headed up by Tom Dunphy.
14 October 2016
Codes of Governance for Defined Contribution (DC) Schemes
The Pensions Authority has published a further tranche of Codes of Governance for Defined Contribution (DC) Schemes.
25 August 2016
Invitation: Pensions Reform Consultation Forum
Invitation: Pensions Reform Consultation Forum
2 December 2015
Synopsis of responses to trustee qualifications consultation
2 December 2015: Today, the Pensions Authority published a synopsis of the main points made in submissions it received in response to its consultation paper on trustee qualifications.
4 November 2015
Amendment to Pensions Authority Guidance Notes on the Pension Provisions of Family Law Act 1995, Family Law (Divorce) Act 1996 & Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010
4 November 2015: The Authority has revised the wording of paragraph 222 of its Guidance Notes on the Pension Provisions of the Family Law Act 1995, Family Law (Divorce) Act 1996 & Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010.
30 April 2015
Consultation on Codes of Governance for DC Schemes
30 April 2015: Consultation on Codes of Governance for DC Schemes
3 February 2015
The High Court directs the removal of Source Pensions Administration and Trustee Company Limited as trustee
Tuesday, 3 February 2015: The Pensions Authority has today obtained an Order of the High Court directing the removal of Source Pensions Administration and Trustee Company Limited as trustee of a number of occupational pension schemes. A new trustee, Trustee Principles Limited, has been appointed in its place by the same Order.
29 January 2015
Pensions Authority ongoing investigation into the activities of Source Pensions Administration and Trustee Company Limited
Thursday 29 January 2015: The Pensions Authority confirmed that its investigation into the activities of Source Pensions Administration and Trustee Company Limited in its capacity as a trustee of a number of occupational pension schemes is ongoing.
23 January 2015
Pensions Authority investigation into the activities of Source Pensions Administration and Trustee Company Limited
Pensions Authority investigation into the activities of Source Pensions Administration and Trustee Company Limited
10 December 2014
Actuarial Funding Certificates (AFCs) and Funding Standard Reserve Certificates (FSRCs) can now be submitted through ISIS
Wednesday 10 December 2014: From today the Pensions Authority will only accept AFCs and FSRCs submitted by scheme actuaries electronically through ISIS.
5 December 2014
Director convicted and given community service in the Circuit Court for breaches of the Pensions Act
5 December 2014: In Waterford Circuit Court on Tuesday 18 November 2014, Mr. Thomas Walsh, company director of Spectron M & E Engineering Ltd (in liquidation) with an address of 16 The Pines, Ballinakill Downs, Waterford, pleaded guilty to offences contrary to section 58A(1) of the Pensions Act, 1990, as amended, for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit.
3 December 2014
Presentation by Brendan Kennedy, Pensions Regulator to Irish Association of Pensions Funds, Governance Conference
Thursday 27 November 2014: Pension scheme governance presentation by Brendan Kennedy, Pensions Regulator, The Pensions Authority to the Irish Association of Pensions Funds at their Governance Conference that was held in the Print Works, Dublin Castle.
25 August 2014
Invitation – Public Consultation Forum 2014 on Financial Management Guidelines for DB schemes
The Pensions Authority is holding a Public Consultation Forum on Financial Management Guidelines for defined benefit schemes. The forum will be relevant to trustees, scheme members, providers, managers, advisers and other interested stakeholders.
1 August 2014
Construction company directors receive two year suspended prison sentences after pleading guilty to breaches of the Pensions Act.
Friday, 1 August 2014: In Wicklow Circuit Court, sitting in Bray, on Thursday 31 July 2014, Judge Michael O’Shea convicted and imposed a two year prison sentence on the directors of S.M. Morris Limited with a registered address at Bromley, Kilpedder, Co. Wicklow for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit. Stephen Morris and Thomas Morris pleaded guilty to a number of counts on the indictment. The Judge suspended the entire sentence for a period of two years upon each director entering into a Bond.
19 June 2014
New legal obligations for trustees engaging in derivative contracts
19 June 2014: Trustees of occupational pension schemes and trust retirement annuity contracts should be aware of various obligations which arise for counterparties to derivative contracts, under a European regulation known as EMIR.
22 May 2014
New Format for Reporting Suspected Deduction and Non-Remittance of Pension Contributions
22 May 2014:The Pensions Authority has introduced a new format for reporting suspected deduction and non-remittance of pension and PRSA contributions.
22 May 2014
New Format for Reporting Suspected Deduction and Non-Remittance of Pension Contributions
22 May 2014:The Pensions Authority has introduced a new format for reporting suspected deduction and non-remittance of pension and PRSA contributions.
13 May 2014
Annual Actuarial Data Returns (AADRs) can now be submitted through ISIS
Tuesday 13 May 2014: From today the Pensions Authority will only accept Annual Actuarial Data Returns (AADRs) submitted by scheme actuaries electronically through ISIS.
1 May 2014
A new facility has been added on ISIS
Thursday 1 May 2014:A new facility has been added on ISIS that allows Registered Administrators (RAs) view schemes under their responsibility for which Annual Scheme Information (ASI) returns are due to be submitted. This facility also lists previous years (from the scheme year 2011 onwards) where ASI returns remain outstanding.
27 March 2014
Revised statutory guidance
The Authority has issued revised statutory guidance, approved by the Minister, regarding applications to the Authority under Sections 49 and 50 of the Pensions Act.
7 February 2014
The Pensions Board Publishes DC Consultation Synopsis Paper
Thursday 6 February 2014: Today, The Pensions Board published a synopsis of the main points made in submissions it received in response to its consultation paper on the future structure and regulation of defined contribution (DC) pensions. The synopsis can be accessed online at www.pensionsboard.ie
4 February 2014
The Pensions Board to participate in the Taking Care of Business Seminars 2014
3 February 2014: A series of free ‘Taking Care of Business’ one-stop-shop events for SMEs will take place around the country in spring 2014; these half-day events are for those who currently own or manage a small business or are thinking of starting a new business.
10 January 2014
Social Welfare and Pensions (No. 2) Act 2013 – Information Note
9 January 2014: The Social Welfare and Pensions (No. 2) Act 2013 (“2013 Act”) came into force on 25 December 2013. It introduces two new wind-up priority orders and expands the type of benefit reductions which the Board may direct under section 50 of the Pensions Act 1990.
3 January 2014
Public register of European occupational pension schemes
3 January 2014: The European Insurance and Occupational Pensions Authority (EIOPA) has established a public register of European occupational pension schemes.
3 January 2014
Construction company director receives 18 month suspended prison sentence after pleading guilty to breaches of the Pensions Act in the Circuit Court
16 December 2013: On Thursday 5 December 2013, in Naas Circuit Court, Judge Michael O’Shea convicted and imposed an 18 month prison sentence on Eugene O’Neill, director of Swift Structures Limited (In Liquidation) with a registered address at Straffan Road, Barberstown, Maynooth, Co. Kildare for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit. Eugene O Neill pleaded guilty to a number of counts on the indictment.
3 January 2014
Proposed publication of the Pensions (Amendment) Bill, 2013
Tuesday, 19 November 2013: Today, on foot of the proposed publication of the Pensions (Amendment) Bill, 2013, The Pensions Board Chief Executive, Mr Brendan Kennedy, commented: “We note the proposed changes to the Pensions Act concerning the wind up priority order and benefit reduction provisions for defined benefit schemes.
15 October 2013
Host mailing service for tracing pension members
9 October 2013: Following discussions with the Department of Social Protection, The Pensions Board and the IAPF, a protocol has been agreed for the host mailing service for tracing pension members. This service is provided by the Department of Social Protection and can assist companies in tracing pension scheme members who may have moved address. The protocol outlines the details which must be provided in order to avail of the Department’s service.
16 September 2013
Invitation – Consultation on the future of DC pensions
16 September 2013: The Pensions Board is holding a series of public meetings to discuss the issues contained in its recently published consultation paper on the future of defined contribution pensions.
12 September 2013
Six month prison sentence imposed on company director after execution of bench warrant, in case taken by The Pensions Board
12 September 2013: In Limerick District Court on Tuesday 10 September 2013, Judge O’Kelly convicted Raymond Neilon, a director of Gerry Neilon Scaffolding Limited, for failing to comply with a statutory request made by The Pensions Board and sentenced him to six months imprisonment.
28 August 2013
Public consultation on the future of defined contribution pensions
Wednesday 28 August 2013: The Pensions Board is holding a series of public meetings to discuss the issues contained in its recently published consultation paper on the future of defined contribution pensions.
13 August 2013
The Pensions Board publishes consultation paper on the future of defined contribution pensions
Tuesday 13 August 2013: Today, The Pensions Board published a consultation paper on defined contribution pensions as part of a review of the regulation and future structure of DC provision.
25 July 2013
The European Insurance and Occupational Pensions Authority (EIOPA) is establishing a public register of European occupational pension schemes.
The European Insurance and Occupational Pensions Authority (EIOPA) is establishing a public register of European occupational pension schemes.
27 June 2013
The Pensions Board office to open on Sunday 30 June 2013 from 12 noon to 5pm
The Pensions Board office will be open on Sunday from 12 noon to 5pm to facilitate the receipt of funding proposals and any other relevant returns required by the 30 June 2013 deadline.
25 June 2013
Company convicted and fined in prosecution taken by The Pensions Board
25 June 2013: In Midleton District Court on Thursday 20 June 2013 Judge Sheridan convicted Active Concrete Drilling Limited, a limited liability company with a registered address of Unit 14 Nordic Enterprise Park, Knockgriffin, Midleton, Co. Cork for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit. The company was fined €1,000.
29 May 2013
Construction company convicted for deduction and non-remittance of employee pension contributions in prosecution taken by The Pensions Board
29 May 2013: In Swords District Court, on Wednesday 22 May 2013, Judge Dempsey struck out summonses as against 3 company directors as full payment of the arrears due to the Construction Workers Pension Scheme (CWPS) had been made. A fine of €2,500 had previously been imposed on Rainey Conservation Limited, a limited liability company with a registered address at Balheary Road, Swords, Dublin for failing to remit employee pension contributions to the trustee of CWPS within the statutory time limit. Costs of €1,200 were also paid by the directors to The Pensions Board.
16 May 2013
Construction company director receives 18 month suspended prison sentence after pleading guilty in prosecution taken by The Pensions Board
16 May 2013: Yesterday, in Dublin District Court on Wednesday 15 May 2013, Judge William Early convicted and imposed an 18 month prison sentence on Colm McNulty, director of Limestone Construction Limited (in Liquidation), with an address at Kilreesk Lane, St Margaret's, Dublin for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit. The Judge suspended the sentence for a period of 18 months.
1 May 2013
Construction company director convicted for deduction and non-remittance of employee pension contributions to the Construction Workers Pension Scheme in prosecution taken by The Pensions Board
1 May 2013: In Clonmel District Court on Tuesday 16 April 2013, Judge Terence Finn convicted and imposed a fine of €1,000 on Paul Kendrick, a director of Paul Kendrick Decorators Limited, a limited liability company with a registered address at Cashel Road, Clonmel, Co. Tipperary for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit.
19 April 2013
FAQs on the withdrawal of Additional Voluntary Contributions (AVCs)
19 April 2013: The Pensions Board has produced FAQs on the withdrawal of Additional Voluntary Contributions (AVCs). To view these FAQs please click on the link under ‘Related Documents’
5 April 2013
Six month prison sentence imposed on company director in prosecution taken by The Pensions Board
5 April 2013: Today, in Limerick District Court, Judge McCarthy convicted Gerry Neilon, a director of Gerry Neilon Scaffolding Limited, for failing to comply with a statutory request made by The Pensions Board and sentenced him to six months imprisonment. A fine of €5,000 was imposed on the company, Gerry Neilon Scaffolding Ltd, for the same offence. Raymond Neilon, the other director of the company, was not present in court and a bench warrant was issued for his arrest.
6 March 2013
The Pensions Board has added a new pensions information lifecycle section to its website
21 February 2013: The Pensions Board has added a new pensions information lifecycle section to its website called ‘Understanding your pension’.
27 February 2013
Construction company convicted for deduction and non-remittance of employee pension contributions to the Construction Workers Pension Scheme in prosecution taken by the Pensions Board
27 February 2013: In Kilrush District Court on Tuesday 19 February 2013, Judge Patrick Durcan convicted and imposed fines totalling €1,500 on Pat Kennedy Construction Limited, a limited liability company with a registered address at Burrane Lower, Killimer, Kilrush, Co. Clare for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit.
22 January 2013
Custodial sentence imposed on construction company directors convicted for deduction and non-remittance of employee pension contributions to the Construction Workers Pension Scheme
22 January 2013: In Kinsale District Court on Thursday 17 January 2013, Judge James McNulty convicted and imposed a fine of €5,000 on Murcav Limited, a limited liability company with a registered address at Unit 3J, Kinsale Commercial Park, Kinsale, Co. Cork for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit.
21 January 2013
The Pensions Board publishes investment guidelines for trustees of defined contribution pension schemes
21 January 2013: The Pensions Board today published investment guidelines for trustees of defined contribution pension schemes. These guidelines aim to help trustees in deciding which investment choices to make available for scheme members.
21 January 2013
The Pensions Board revises certification conditions for Sovereign Annuities
18 January 2013: The Pensions Board today published revised certification conditions for sovereign annuities. The Pensions Board has made these revisions to reflect market developments in relation to the type of bonds likely to underpin sovereign annuity products, in particular amortising bonds.
21 January 2013
The Pensions Board revises certification conditions for Sovereign Annuities
18 January 2013: The Pensions Board today published revised certification conditions for sovereign annuities. The Pensions Board has made these revisions to reflect market developments in relation to the type of bonds likely to underpin sovereign annuity products, in particular amortising bonds.
11 January 2013
Construction Company Director fined for deduction and non-remittance of employee pension contributions to the Construction Workers Pension Scheme in a prosecution taken by The Pensions Board
11 January 2013: In Portlaoise District Court on Friday 21 December 2012, Judge Staines imposed a fine of €100 on Jonathan Healy, director of J&M Healy Limited with a registered address at O’Moore Forest, Mountmellick, Co. Laois for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit.
9 January 2013
Annual scheme fee information 2013
Wednesday 9 January: Annual scheme fees for occupational pension schemes are payable by 31 January 2013 for single member schemes and by 31 March 2013 for group schemes.
26 October 2012
Repayment of pension arrears leads to summons being struck out in prosecution taken by The Pensions Board
26 October 2012: In Kilkenny District Court, on 16 October 2012, Judge Eamon O’Brien, having regard to the fact that guilty pleas were entered and the arrears of contributions were repaid to the Construction Workers Pension Scheme, struck out the summonses as against Lachen Engineering Ltd and its directors, James Coogan, Thomas Murphy and William Hennessy.
25 October 2012
Bench warrant for the arrest of a construction company director issued at sentencing hearing in prosecution taken by The Pensions Board
25 October 2012: In Kilkenny District Court, on 16 October 2012, Judge Eamon O’Brien issued a beach warrant for the arrest of John O’Brien, a director of Asphalt Roofing Ltd. John O’Brien with an address of 10 Loretto Park, Freshford Road, Co. Kilkenny had failed to appear in court for the sentencing of a case taken by The Pensions Board for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme within the statutory time limit.
25 October 2012
Circuit Court appeal in prosecution taken by The Pensions Board for failure to remit pension contributions deducted from the wages of employees.
25 October 2012: In Wexford Circuit Court on Thursday 4 October 2012, the appeal of Goff Developments Ltd (in liquidation) along with the directors, Francis Goff and Damien Goff was heard.
26 September 2012
The Pensions Board revises the timeframe for defined benefit schemes to submit funding proposals
Wednesday, 26 September 2012: Today, The Pensions Board revised the timeframe for defined benefit schemes with funding deficits to submit funding proposals to the Board. This follows consideration of representations made to The Pensions Board.
16 July 2012
The Pensions Board publishes FAQs on recent changes to the funding standard
17 July 2012: The Pensions Board has published FAQs on recent changes to the funding standard.
28 June 2012
Construction company convicted and fined in prosecution taken by The Pensions Board
28 June 2012: In Tuam District Court on Tuesday 26 June 2012, Judge Geoffrey Browne convicted and imposed a fine of €1,000 on Thomas McHugh (Kilcloghans) Limited with a registered address of Kilcloghans, Tuam, Co. Galway for failing to remit employee pension contributions to the trustee of the Construction Workers Pension Scheme (CWPS) within the statutory time limit.
22 June 2012
Minister for Social Protection, Joan Burton T.D. launches The Pensions Board Annual Report 2011
Friday, 22 June 2012: Today, the Minister for Social Protection, Joan Burton T.D., launched The Pensions Board‘s Annual Report and Accounts 2011.