Section 37 of the Social Welfare and Pensions Act 2005 introduced a new Part XII into the Pensions Act, 1990 to allow pension schemes to engage in cross-border activity. Directive 2003/41/EC, on the activities and supervision of institutions for occupational retirement provision (IORPs), requires that schemes registered or established in one Member State will be
Friday 8 July 2005: The Pensions Board today successfully prosecuted two trustees of occupational pension schemes for failure to provide timely information in relation to their respective schemes to the Board.
Following its adoption at the Plenary meeting of CEIOPS (Committee of European Insurance and Pension Supervisors) on 22 February 2006, the Protocol for co-operation between Pension Supervisors has been published. The Protocol sets out the agreed guidelines for co-operation between supervisors in regulating cross-border pension activity under EU Directive 2003/41/EC on the activities and supervision of institutions for occupational retirement provision.
Friday 10 March 2006: The Pensions Board will attend the Institute of Career Guidance Counsellors Annual Conference in Galway this weekend (March 9th – 11th) where they will be encouraging attendees to consider the topic of pensions when discussing employment options with students.
Seamus Brennan, Minister for Social and Family Affairs, announced the appointment of members of the new Pensions Board,which took up office from 21 December 2005 for 5 years, including Mr. Tiarnan O Mahoney as new Chairperson. This Bulletin includes information on the following: New Pensions Board Chairperson; New Board Members; National Pensions Review; Single Member Schemes' Fee Invoices; Guidance Notes and Trustee Handbook.
Tuesday 17 January 2006: The Report of the National Pensions Review carried out by the Pensions Board at the request of the Minister for Social and Family Affairs, Séamus Brennan, TD, was launched by the Minister at a press conference in Government Buildings today.
Thursday 3 February 2006: 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 2005.
Monday 12 December 2005: This news item includes an advertisement and job description for a temporary opportunity at AP level in the PRSA Unit of the Pensions Board.
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