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Irish Life Health
Welcome to Ireland’s newest health Insurer, Irish Life Health. Bringing fresh options and innovation to the health insurance market.
Irish Life
Irish Life the largest life and pensions group and fund manager in Ireland, employing 2,000 people and servicing one million customers.
Irish Life Investment Managers
Managing assets in excess 39bn, ILIM manages money on behalf of multinational corporations, charities and domestics.

News - Irish Life Corporate Business

Posted on April 15, 2019
We are delighted to announce some enhancements to our DC Annual Benefit Statements. From April 2019 our benefit statement is being changed to a reader friendly A5 booklet format.
Posted on April 15, 2019

Last December we announced changes we were making to our core PLS offering on our Defined Contribution) DC, (Personal Retirement Savings Account) PRSA and Personal Retirement Bonds (PRB) products. The changes outlined were implemented at the 1 April 2019.

Posted on March 04, 2019

We are launching a new report analysing how DC plans across the country are structured and what they are offering for members.

 
Posted on February 08, 2019

New pensions regulations required under an EU Directive IORP (Institutions for Occupational Retirement Provision) II were due to come into force on 13 January. However, the Department of Employment Affairs and Social Protection have advised that they are working towards transposition into Irish law later this quarter.

 

Posted on December 18, 2018
We are delighted to announce that Irish Life Staff Charities donated an incredible total of €360,000 to two Irish charities. The funds were raised throughout 2018 by employees through various fundraising initiatives undertaken and the amount was then matched by Irish Life to reach this final total.
 
Each year, the Irish Life Staff Charities committee shortlists a number of Irish charities to receive donations collected throughout the year and the final two are selected by Irish Life employees. in 2018, the charities chosen were The Irish Motor Neurone Disease Association (IMNDA) and Remember Us. Each charity received a fantastic donation of €180,000 to help provide support services and equipment needs.
 
Posted on August 30, 2018

Irish Life Auto-Enrolment Review

Last week the Government released the ‘Strawman’ proposal, a discussion paper, which sets out how a new auto-enrolment pension scheme might work. It is designed to generate discussion and debate. The details of the auto-enrolment pension scheme are just proposals at this stage. Nothing is set in stone yet. Auto-enrolment is seen by the Government as a vital step towards bridging the ever growing pension gap; it focuses on supporting those without retirement savings to supplement their State pension. Irish Life welcomes the ‘Strawman’ proposal and looks forward to joining the debate.
 
Did you know? 51% of larger employers with existing pension schemes will need to change their current scheme to be auto-enrolment ready.
 
Read the Irish Life review which outlines the radical pension changes suggested by the Government.
Posted on August 10, 2018

Initiative will accelerate innovation to further improve customer experience

Irish Life, one of Ireland’s largest financial services companies, has joined Plug and Play’s Insurtech platforms in Munich, Germany and Silicon Valley, California.

The deal is one of the core elements of Irish Life’s on-going commitment to the use of innovation and new technologies to improve customers’ experience across its life and health insurance, and pensions and investment solutions.

Posted on July 18, 2018

Irish Life formally broke ground on its new customer centre in Dundalk.

Posted on July 10, 2018

The Difference in a Decade: Irish Life data shows potential pension gains with 10-year head start

  • Irish Life pension data shows the current age starting a company pension plan is 37 with 11.4% contribution rate on average

  • Potential boost in retirement income of 50%-120% if people started pension 10 years earlier

  • “Younger for longer” trend emerging; average age of getting married and having children are on the rise and big decisions like pensions are being deferred
  • Inertia is an issue - 29% say they just never get around to starting
Posted on June 25, 2018

Our new online budget planner is now available in Pension Planet Interactive.

How much will people need to live on in retirement?

Recent research shows that only 26% of people know what they are targeting to live on in retirement. 40% of people don’t know what to target and 34% say they are not planning for retirement at all. (Source: Coyne Research, December 2017)

 

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