Monday April 6, 2020

The softly, softly approach won’t work when it comes to pensions

Comment: The regulator must set tough standards to ensure pension promises are delivered.

27th April, 2014

Some people say that the current minimum standards being laid down by the regulator for defined benefit pension schemes are unrealistic, are too tough and should be changed.

Well, is this a reasonable assessment?

There are minimum standards laid down covering interest rates, investment returns, life expectancy, and so on. Let's look at one of these, the long-term interest rate assumption, which cannot be more than 4.5 per cent per annum.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 3 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago