Statement of Strategy 2022 – 2024
07 March 2022: Today, the Pensions Authority published its Statement of Strategy 2022 – 2024. In launching the strategy, the Pensions Regulator, Brendan Kennedy said, “The Authority’s most important role is the supervision of scheme trustees and PRSAs. This strategy sets out how we intend to undertake our work over the next three years. The transposition of the IORP II directive into Irish pensions law represents significant change for Irish pensions and for the Authority. The obligations on scheme trustees are much more demanding and complex than they have been before. As a result, the work of the Authority has also become more challenging and extensive. The legislation obliges us to supervise schemes on a forward-looking risk-based supervisory basis, which will result in more challenging, judgement-based, and intrusive oversight. As well as our supervisory responsibilities, the Authority will be expected to provide much more information and guidance than in the past and to make clear what its expectations are of regulated entities.”
The Statement is available on this page under Related Files.