How to manage: Legal changes bring major reform to pension schemes
Employers and pension trustees in Ireland will need to adapt to the new rules or face the risk of non-compliance
The Irish pensions landscape has been undergoing considerable change in recent years, but many employers may be unaware of the most significant reform in three decades.
Last month, Heather Humphreys, the Minister for Social Protection, signed the European Union (Occupational Pension Schemes) Regulations 2021. These regulations give effect to the EU’s IORP II Pensions Directive and will fundamentally alter the future of defined benefit (DB) and defined contribution (DC) pension schemes.
The new rules...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
This Working Life: ‘A key trait which sets professionals apart is the embracing of lifelong learning’
For Payslip’s Padraic Mulligan, the willingness and ability to rapidly learn a new skill always makes an impression
How I work: ‘We cannot treat the people we work with as resources’
In our careers and lives, we have the power to challenge the status quo or enable it to continue, says Moninne Griffith of the Belong to Youth Services
How to work: Secrets to working smarter will transform your work life
Simple changes can make the most of your time, energy and focus and produce great results – with no additional work
How to manage: Winning hearts is key in the battle of retention
With many people choosing to change jobs rather than go back to the office, employers are tasked with working out how to manage workers’ new expectations