Pensions Indian conglomerate Tata wins €150m auto-enrolment contract as ‘landmark’ bill passesLaws that will automatically enrol hundreds of thousands of workers into pension scheme welcomed by politicians despite some industry concerns
Pensions Isme threatens to ‘reignite’ legal challenge over state pension policyCase related to the €2 million cap on pension savings subject to tax relief, which the body claims is ‘tax discriminatory’ towards private sector workers
Companies Vast majority of businesses have significant concerns over auto-enrolment pensionsThe government’s auto-enrolment scheme will apply to almost 800,000 workers
Personal Finance New pension rules will double burden on employers – Chartered Accountants IrelandThe industry group is seeking changes to new auto-enrolment rules bill
Personal Finance Disincentives for higher earners risk ‘undermining’ auto-enrolment pension schemeSociety of Actuaries warned government tax relief anomalies for higher earners would cause widespread criticism and confusion
Pensions LGIM to double assets managed by Dublin office to $500bn on back of pension market growthThe London-based asset management giant first established an office in Dublin 2018 and currently manages around $200 billion of assets here
Tax €2m threshold for pension tax relief making it harder to attract top talent, businesses warnThe government is reviewing a regime that means pension pots above €2m are not eligible for tax relief. Companies say the cap must be indexed to inflation
Business Small Firms Association calls for Budget 2024 to take sting out of rising costs for SMEsLobby group says labour shortages, rising wages, taxes and new employment rules are putting small Irish businesses under severe pressure
Pensions Directors rush to bolster pension pots as state introduces new incentivesUnder new regulations, company directors have a chance to make unlimited contributions to retirement savings schemes – and they are grabbing it
SMEs Hospitality sector hit hardest as 40 per cent of firms struggle post Covid, survey finds Effects of pandemic linger as majority of SMEs believe it is getting harder to keep their businesses going
Small firms body calls for launch of auto-enrolment pension scheme to be postponedBusinesses are already dealing with a raft of changes to employee benefits and pressures of inflation
Pensions ‘No sense’ in suggestion that women will be worse off with auto-enrolment pensionsOfficials have said it is crucial that the new system, which has been delayed for years, is up and running by 2024
Finance Delays to new pension system costing private sector workers thousandsThe timeline for the auto-enrolment scheme has been repeatedly pushed back
Pensions Mercer: Failure to raise Irish pension age to 68 sparks worry over sustainabilityThe government recently announced the age will remain at 66
‘Outsourcing the management of social protections to the private sector’: Why SMEs are weighing up the cost of new employee benefitsAs large firms introduce better employee benefits and the state continues to legislate for increased rights for workers, can SMEs cope with the cost of meeting these new standards?
Pensions expert calls for auto-enrolment age and income cut-off to be lowered Ray McKenna, partner at pension specialist Lockton, said current thresholds meant women in particular would miss out on help to save adequate retirement income
Workers can check out, but never leave: Can the government’s controversial plan defuse the pensions timebomb? The state’s new scheme for the 750,000 private sector workers who do not have a private pension aims to generate a pension pot of €21 billion within a decade. But opinion is already divided over whether it will work