News - Irish Life Corporate Business
The Revenue Commissioners have extended a deadline for people in excess of current limits on pension savings to notify them. The deadline has now been moved to the 31 July 2015
Elizabeth Carvill from the Retirement Planning Council advises on how to prepare for retirement.
The Finance Act 2014 has introduced a number of changes to the tax treatment of retirement savings over which a pension adjustment order has been made. This change applies specifically to cases where a Chargeable Excess arises.
Ireland’s largest life assurance company, Irish Life, is pleased to announce that Ms. Sandra Rockett, Director of Business Development at Irish Life Investment Managers, has been appointed to the newly formed Pensions Council.
From January 23rd 2015 the Capital Protection Fund is closed to new Single Premium Investments, Transfer Values and Fund Switches.
Following a review of our fund risk ratings which are based upon the ups and downs that each fund experiences over time, the following fund risk ratings have been revised:
We are delighted to launch our new ‘Options at Retirement’ tool. Retirement is a key milestone in people’s lives and understanding options at retirement can be difficult for everyone.So we’ve designed an interactive 'Options at Retirement' tool, hosted in the Retirement Centre, to try to help people better understand their retirement options.
We are delighted to share with you our first Defined Contribution (DC) Retirement Readiness Report. DC schemes are now the company pension plans of choice for most companies looking to help their employees secure income for their retirement. As the market leading provider of occupational Defined Contribution schemes in Ireland, we at Irish Life are well placed to provide an insight into how Defined Contribution schemes around Ireland are operating. Having analysed the company DC schemes that we administer, covering almost 1,400 schemes and approximately 38,000 members, we examined the main factors affecting outcomes at retirement for members of DC schemes.
Launching new online service to support retirement planning
Retirement is a significant milestone for everyone. We know that members of company pension plans need all they help they can get to prepare for this important step in their lives. So we are delighted to launch our new online “Retirement Planning” centre from within the Irish Life Corporate Business website: www.irishlifecorporatebusiness.ie/retirement-planning-start-planning
