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Notes on Social Welfare and Pensions Bill 2007
The Social Welfare and Pensions Bill 2007 was published by the Department of Social and Family Affairs on 16 February, 2007. Part 3 of the Bill provides for a number of amendments to the Pensions Act 1990 in relation to Occupational Pensions and Retirement Annuity Contracts. This section provides information on those amendments.
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Pensions Board Publishes Report on Trusteeship
Thursday 15 February 2007: The Pensions Board has today published its Report on Trusteeship. The Report involves a detailed review of the trust model of pension scheme governance and examines the role of trustees in occupational pension schemes.
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PRSA figures for fourth quarter 2006
Friday 2 February 2007: The Pensions Board today announced 4th quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of December 2006.
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Occupational Pension Schemes (Disclosure of Information)(Amendment) Regulations, 2006
An information notice on proposals to amend the Disclosure of Information Regulations was issued in the "News" section of the website on 28 August 2006.Please note that these Regulations (S.I. No. 582 of 2006) effective from 21 November 2006, have now been commenced which provide for some of the proposals as outlined in that information notice.
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Bulletin 2:2006
On Friday 10 November 2006, Brendan Kennedy was selected by the Pensions Board to succeed Anne Maher as its Chief Executive Officer.
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Pensions Board prosecutes employers over failure to meet pensions obligations
Monday 20 November 2006: The Pensions Board today successfully prosecuted Mr. Niall Dennis with an address at 2 Woodlawn Crescent, Woodlawn, Santry, Dublin 9 and Wal Mart Newsagents Limited with an address at Unit 1, Churchview Parade, Celbridge Road, Leixlip, Co. Kildare for failure to comply with the Pensions Board requests for information in relation to their PRSA obligations as employers.
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PENSIONS BOARD TO ATTEND OFF THE RAILS, RDS
Wednesday 15 November 2006: The Pensions Board will attend the ‘Off The Rails’ fashion and beauty show at the RDS this weekend (17th – 19th November), where they will be highlighting the importance for women to start a pension at the event. Pensions coverage overall for the female workforce stands at 47.5%, compared to 54.2% for men.
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PRSA figures for third quarter 2006
Friday 3 November 2006: The Pensions Board today announced 3rd quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of September 2006.