Abdicating responsibility

Is the pensions glass half empty or half full? Since 2008 and the financial crash, Irish pension savings are 70 per cent higher. The bad news, however(...)

 Defined contribution (DC) schemes, worth some €40.4bn,  reduced their equity holdings in 2014, down by 1 per cent to 52.2 per cent, as they upped their allocation to bonds by 2 per cent to 23.1 per cent, according to the IAPF’s annual survey. (Photograph: Peter Dazeley/Getty)

Irish pension funds rose to a record high of €107.8 billion in 2014, as a combination of increased contributions and good market returns saw pension (...)

A senior Fine Gael figure has said it is time for Irish political parties to think about reviving Charlie McCreevy’s National Pension Reserve Fund.Du(...)

 Rachael Ingle, chairperson Irish Association of Pension Funds: expressed wariness over the Government’s commitment to end the private sector pension levy as planned at the end of next year. Photograph: Alan Betson

Trust in the Irish pension system is at an all-time low, the head of the industry lobby said yesterday, warning that the Government should not rush to(...)

 Rachael Ingle, chairwoman of the Irish Association of Pension Funds. Photograph: Alan Betson / THE IRISH TIMES

Irish workers cannot be sure of receiving a State pension in retirement in future generations, according to a report published this morning.The cost o(...)

Jerry Moriarty, chief executive of the Irish Association of Pension Funds: Government appears to have forgotten the voting strength of pensioners

More than 13,000 pensioners face a cut in their retirement income if the Government does not withdraw the pensions levy in the forthcoming budget, acc(...)

The court ruled that the trustees of multinational Omega Pharma’s defined benefit pension fund were entitled to seek more than the statutory minimum from the group when it sought to wind the plan up in late 2012

Employers could find it more expensive to wind up their workers’ salary-tied pension plans in the future, experts warned yesterday following a landmar(...)

 Rachael Ingle, chairwoman Irish Association of Pension Funds.  Photograph: Alan Betson / The Irish Times

Minister for Finance Michael Noonan has been accused of “abdicating responsibility” for Government decisions on pension(...)

The Government has approved a range of new proposals that it hopes can address potential problems arising in defined benefit pension schemes. Under th(...)

The total value of Irish funds grew by 11 per cent last year to €80.5 billion, despite the Government levy on saving

After five years of turmoil, the total value of Irish pension funds is back above €80 billion. The number of defined benefit schemes that are(...)