Header graphic for print
Ireland's Pensions Law Blog

Tag Archives: pension scheme

Finance (No. 2) Act 2013 – Early Access to AVCs and other provisions

Posted in Administration, Executive Benefits, Legislation, Tax, Trusteeship

Since 27 March 2013 members of pension schemes have been able to avail of a once-off early access option to additional voluntary contributions (AVCs) which they have made to their pension scheme. This option is provided for under section 782A of the Taxes Consolidation Act 1997 (the 1997 Act) and allows members to withdraw up… Continue Reading

DB restructuring – managing the unions

Posted in Administration, Funding, Scheme Restructuring, Trusteeship, Unions

The current state of funding of DB schemes has pushed many of the sponsoring employers of these schemes to consider how to minimise their defined benefit liabilities and risks.  In order for the liability management process to be successful, a number of key stakeholders need to be managed.  These are:  the trustees of the scheme;… Continue Reading

7 Key Questions Trustees and Sponsoring Employers of Pension Schemes should ask when Appointing Professional Advisers

Posted in Administration

As the management and governance of pension schemes continues to increase in complexity and risk both sponsoring employers and trustees of pension schemes are increasingly looking towards appointing professional advisers to bring knowledge, experience, and expertise to the governance and management of their pension schemes in an effort to reduce risk and achieve cost efficiencies…. Continue Reading

Grappling with the Pensions Levy

Posted in Funding, Tax

The pension levy was introduced under a seemingly innocuous piece of legislation, the Finance (No.2) Act 2011. The Act, insofar as it provides for the levy, is just 10 pages long.  Less is more?  Not in this case. While the dust hasn’t quite settled on the financial impact of the levy on struggling pension schemes, practitioners are still struggling to… Continue Reading