On 18 July 2016 the Pensions Authority (the “Authority”) published a consultation document unveiling a package of proposals for the reform and simplification of supplementary funded private pensions in Ireland.
Key targets for reform include trusteeship qualifications and experience, the manner of scheme authorisation/approval and the supervisory function of the Authority. The role of master trusts in Ireland is also included for discussion.
Submissions are sought on the issues raised in the report and are due by 3 October 2016.
Contributed by Jane Barrett & Ciara McLoughlin
