Big overhaul for pensions system set for new year

A major shake-up of the country's pensions system will be announced in the new year to address the crisis in occupational pension schemes.

30th December, 2012

A major shake-up of the country's pensions system will be announced in the new year to address the crisis in occupational pension schemes, The Sunday Business Post has learned.

Plans for a new universal pension scheme with automatic enrolment, to come under the direct supervision of the National Treasury Management Agency (NTMA), will be announced by Minister for Social Protection Joan Burton.

The initiative will form part of a significant policy statement on pensions aimed...

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