Regrettably, the Minister has failed to introduce any additional incentives for pensions.
Many advisors in the pensions industry will be frustrated that the existing earnings ceiling of €254,000 for individuals has not, since its inception in 1999, been adjusted for inflation, nor is it suggested that this will occur in the foreseeable future.
In addition, the Minister has ignored an opportunity to extend the provisions of Approved Retirement Funds (ARFs) to members of Occupational Pension Schemes...
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