News - Irish Life Corporate Business
Irish Life’s offices will close for the Christmas period at close of business on 23 December 2020 and will re-open on Monday, 4 January 2021.
Read this news item to find out what this means for you, depending on the method you use for paying regular contributions.
Corporate Business takes home the award of Excellence in DC at the Irish Pensions Awards 2020.
The emphasis now on Defined Contribution pension schemes means trustees, pension providers and financial advisers must adapt to this change and look for new ways to help people plan for their future, writes Sean Egan, Director – Corporate Partnerships, Irish Life Assurance plc
In recent months, economic uncertainty arising from the Covid-19 virus has increased the level of withdrawals from Property funds and created some market uncertainly around property valuations.
Investing in a resilient future: Climate Finance Week Ireland 2020
A lot is happening in the crucial area and we want to share news and information from this event with you.
The State pension age was due to change to 67 from 2021 and to 68 from 2028.
However, these changes have been deferred pending the report of the Commission on Pensions due June 2021 and any subsequent Government decisions on its recommendations. While the current political atmosphere is not favourable to any increase in the State Pension age, the long term affordability of the State Pension remains a challenge.
In recognition of the challenges being experienced by businesses and tax practitioners arising from the COVID-19 crisis, Revenue announced an extension to the Pay & File deadline for self-assessment income tax customers from 12 November to Thursday, 10 December 2020.
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 2020 for the schemes that we will be the Registered Administrator for.
The European Central Bank (ECB) introduced a regulation (2018/231) on statistical reporting requirements for pension funds in 2018. The Statistics Division of the Central Bank of Ireland is responsible for the collection, compilation and transmission of this statistical data to the ECB.
Our series of Trustee training webinars aim to keep Trustees up-to-date with current and relevant information and we will share Irish Life insights on key regulatory and current market challenges facing Trustees and their advisers in 2020.
We recently held the second in a series of trustee training webinars and have more sessions planned throughout August. Each session carries 0.5 hours CPD.
