Embrace reform to ensure a sustainable pensions landscape for future generations

 Mairéad O’Mahony, head of Wealth Solutions at Aon Ireland, outlines why compliance with the latest pension management schemes is for the greater good

With less than half of all employees across Ireland saving for retirement, we are a nation unprepared for life after work.

Slowly but surely, the Irish pensions landscape is evolving.  

From the transposition into law of the IORP II EU Directive last year, which will improve pension scheme management, through to auto-enrolment and other reforms such as the flexible retirement age announced by Government in recent weeks, the pensions sector is undergoing significant change.