News - Irish Life Corporate Business
We are very excited to announce our two chosen charities for 2022, Alzheimer’s Ireland and Women’s Aid.
The Irish Government published design principles for their newly proposed Auto-Enrolment (AE) Retirement Savings Scheme.
With effect from 1 January 2022 the Pensions Authority fees for members have increased.
The Finance Act 2021 which was signed into law in December 2021 and brings a number of changes to benefit options for retirees in 2022.
We have concluded our 2021 review and are pleased to advise that we have decided to leave the standard member contract charge unchanged for 2022.
We are delighted to announce that Irish Life Staff Charities donated an incredible total of €414,000 to two Irish charities.
The funds were raised throughout 2021 by employees through various fundraising initiatives undertaken and the amount was then matched by Irish Life to reach this final total.
Irish Life’s offices will close for the Christmas period on Friday, 24 December 2021 at 12pm and will re-open on Tuesday, 4 January 2022.
Read this news item to find out what this means for you, depending on the method you use for paying regular contributions.
We are delighted to share the news that Irish Life Corporate Business is a winner at the Irish Pension Awards 2021!
We were absolutely thrilled to retain the Excellence in DC Award, and are so proud of all the amazing people across the business that made this possible. This back to back win is a direct result of the ambition, expertise and dedication we have as a team.
Irish Life Investment Managers (ILIM) are committed to sustainability in pension investment and are leaders in Responsible Investment in Ireland. ILIM’s approach of exclusions, integration and engagement is making the difference today to deliver a better, more sustainable tomorrow.
What is new?
We understand that you want to see measures and metrics to help understand how the ILIM investment strategies are rated within an ESG context. To address this, a lot of work has been done in the background to update the fund factsheets with ESG relevant information to keep you and pension plan members informed how their funds meet Responsible Investment criteria.
So you, our clients and the pension plan members, know their money is working hard for them to create and preserve long-term investment growth and also build a more sustainable future for all of us.
The Pensions Act requires every pension Trust to appoint a Registered Administrator for their schemes and for the Registered Administrator to re-register annually with the Pensions Authority.
Irish Life will be completing the Registration with the Pensions Authority in September 2021 for the schemes that we will be the Registered Administrator for.