New 'Options at Retirement' tool
Posted onWe 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.
The Options at Retirement tool presents eight sample retirees, each taking different retirement benefits depending on:
their pension plan (… Continue reading →
Release of our Defined Contribution Retirement Readiness Report
Posted onWe 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… Continue reading →
Launching new online service to support retirement planning
Posted on
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
Who is the Retirement planning centre… Continue reading →
Important Customer Information
Posted onImportant Customer Information: Proposed transfer of Canada Life Ireland business to Irish Life
Proposed transfer of the business of Canada Life Assurance (Ireland) Limited (“Canada Life”) to Irish Life Assurance plc (“Irish Life”)
Great-West Lifeco Inc., through its indirect wholly owned subsidiary Canada Life Limited, completed the acquisition of the Irish Life Group on 18th July 2013. As a result, we are starting to implement our plan to combine the business of Canada Life with Irish Life… Continue reading →
Personal Lifestyle Strategy 2013 update
Posted on
When we launched PLS we promised to review it regularly, so that it would automatically change over time to take account of changes in retirement regulations and investment opportunities. When these reviews are carried out, all customers using PLS automatically benefit from the changes.
In the past we have made a number of changes to PLS which have taken into account the following:
New State Pension ages
New minimum annuity requirements
New tax free lump sum options.… Continue reading →
Property Fund - removal of notice period
Posted onThe 6 month notice period on the Corporate Business Property Fund will be removed from the 1st May 2012. This affects Defined Contribution, Additional Voluntary Contributions pension plans as well as Personal Retirement Bonds (PRBs).
A notice period may be reintroduced on the property fund at some point in the future. The length of any future notice period may depend on how long it takes to sell the assets in the fund.
