A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC
TRYING to instigate a discussion that might acknowledge our looming pensions’ crisis brings to mind those myriad sandwich-board men who warned us all with unshakeable certainty that “The End Is Nigh” — we all know he will be right eventually but we’re not that bothered about the grim prospect to do anything about it just yet. Make us good Lord, but not just yet.
Fri, 14 Aug, 2015
The body that represents the largest corporate pension funds and pension investment managers has said the value of savings held in pension schemes is now higher than before the crash, despite the Government extracting an estimated €2.5bn in levies over the last four years.
Thu, 06 Aug, 2015
The reduction in the controversial pension levy which has siphoned more than €2bn from private sector pensions in the past four years was universally welcomed yesterday.
Wed, 15 Oct, 2014
The amount of money people are putting into their pension to save for their retirement reached record levels last year.
Fri, 13 Jun, 2014
Any change to the marginal rate tax relief in next month’s budget would be hugely detrimental to attempts to encourage people to save for retirement as it would introduce a disincentive to save, according to one leading body.
Tue, 10 Sep, 2013
The increased mobility of the Irish workforce will pose a serious challenge for Irish pension trustees according to the Irish Association of Pension Funds (IAPF).
Tue, 25 Sep, 2012
The Irish Association of Pension Funds has hit out at the Government for hesitating over its plans to provide for people losing out from defined benefit pension scheme failures.
Thu, 15 Mar, 2012
THE Government cannot justify cutting pension tax relief in the budget, according to Standard Life.
Tue, 11 Oct, 2011
POLITICIANS cannot resist expediency. Urgent takes precedence over important. Years of demographic analysis, a Green Paper in 2007 and the launch of the National Pension Framework in March of last year set out our looming dilemma of unfunded pension obligations. By 2050 the ratio of workers to retirees will be 1.8: 1. Currently that ratio is 5.6: 1.
Thu, 26 May, 2011
The €1.9bn levy on private pension pots has been branded a tax on jobs and savings.
Tue, 10 May, 2011
THE Government is to take €2,000 from hundreds of thousands of workers’ private pensions over the next four years under a new levy.
Fri, 06 May, 2011
A BUDGET provision that will allow cash-starved pension schemes to purchase annuities invested in Irish government bonds could be a ‘win-win’ situation for both scheme members and the state’s finances.
Wed, 08 Dec, 2010
DURING the week the Government had a brief moment of clarity and realised the stresses facing the defined benefit pensions sector.
Sat, 16 Oct, 2010
THE Irish Association of Pension Funds (IAPF) has launched a strong attack on the Government over its failure to deal with the crisis threatening Irish pension funds.
Thu, 14 Oct, 2010
THE struggling pensions sector was thrown a lifeline yesterday after a November deadline for under funded defined benefit (DB) pension schemes to submit proposals to address their deficits was extended.
Thu, 14 Oct, 2010
A LEADING pensions expert has called for a radically new approach to pension funding to deal with crisis.
Thu, 30 Sep, 2010
WORKERS starting a pension have been warned they need to contribute at least a sixth of their weekly wage if they want a pension worth two-thirds of their salary on retirement.
Fri, 14 May, 2010
The Irish Association of Pension Funds (IAPF) was warned at its conference in Dublin that people are not paying enough attention to their pensions.
Fri, 14 May, 2010
DESPITE growth of almost 14% to €72 billion last year, Irish pension funds are still 16% below their 2007 peak of close to €87bn.
Thu, 15 Apr, 2010
FEARS people nearing retirement age will be forced to work longer before claiming their pensions have been eased by Taoiseach Brian Cowen.
Tue, 02 Mar, 2010
STANDARDISATION of tax relief on pensions at 33% could save the Exchequer €500 million annually, according to a report on pensions issued yesterday by the Economic and Social Research Institute (ESRI).
Thu, 26 Nov, 2009
THE prospect of the state pension not being cut as part of the upcoming budget has been welcomed by the Irish Association of Pension Funds (IAPF) but the organisation has expressed concern over the long-term health of occupational pension schemes.
Tue, 24 Nov, 2009
The Irish Association of Pension Funds is appealing to the Government not to reduce the tax incentives for investing in a private pension.
Thu, 14 May, 2009
THE Irish Association of Pension Funds (IAPF) has expressed its initial support for the use of pension fund investments in infrastructure projects to aid the construction industry; but said that the final decision ultimately rests with actual fund managers themselves.
Thu, 07 May, 2009
AS MUCH as €30 billion has been wiped off the value of Irish pension funds over the past year and a half, according to the Irish Association of Pension Funds (IAPF), representing the biggest losses ever recorded.
Fri, 27 Feb, 2009
The Government has been encouraged to take a more flexible approach to the pensions system.
Sun, 15 Jun, 2008
CONSUMERS should be able to draw down part of their pension before retirement to fund needs such as the purchase of a house.
Fri, 06 Jun, 2008
The Irish Association of Pension Funds (IAPF) today launched new investment guidelines designed to promote understanding of risk during times of market turbulence.
Tue, 01 Apr, 2008
ALMOST €8 billion has been wiped off the value of Irish pension funds so far this year, prompting workers to consider holding off on retirement.
Thu, 27 Mar, 2008
THE recent report from the Irish Association of Pension Funds (IAPF) that there has been a significant decline in the number of defined benefit pension schemes offered by employers is confirmation of one of the worrying developments in the pensions area.
Tue, 09 Oct, 2007
ALL TOO often paying into a pension scheme is a blind act of faith, like throwing pennies into a deep, dark wishing well.
Wed, 03 Oct, 2007
TODAY’S survey from the Irish Association of Pension Funds (IAPF) suggesting that workers in the services sector might be encouraged to establish pensions, or enhance existing packages, if the process was made simpler deserves thoughtful consideration.
Thu, 07 Jun, 2007
THE value of Irish pension funds rose by 12.6% to almost €88 billion in 2006.
Fri, 30 Mar, 2007
A lack of understanding in investment and risk concepts may be restricting the ability of many pension schemes to manage their assets in the most appropriate manner, according to a new study by the Irish Association of Pension Funds (IAPF).
Thu, 30 Nov, 2006
THE Irish Association of Pension Funds (IAPF) said Government pensions’ policy discriminates against most PAYE workers and this is hampering pensions coverage in Ireland.
Fri, 27 Oct, 2006
PAYE workers are getting a raw deal on their Defined Contributions (DC) pensions compared to the self-employed and company owners, according to a top pensions body.
Thu, 11 May, 2006
IRISH pension funds grew 25% to €77.9 billion in 2005 according to the annual asset allocation survey published yesterday by the Irish Association of Pension Funds (IAPF).
Fri, 31 Mar, 2006
DESPITE three out of four workers in the private sector not having a pension plan, the Irish Association of Pension Funds (IAPF) has come out against the extension of the mandatory State pensions system.
Mon, 03 Oct, 2005
EUROPEAN Commissioner Charlie McCreevy and Minister for Social & Family Affairs, Seamus Brennan, who is responsible for pensions, will be amongst the speakers at the Irish Association of Pension Funds (IAPF) Annual Benefits Conference to be held in the Radisson Hotel, Dublin on Thursday, 22nd September.
Tue, 23 Aug, 2005
PENSION funds increased in value by 12% last year to €62.3 billion, according to a new survey from the Irish Association of Pension Funds (IAPF).
Thu, 28 Jul, 2005
CUTTING tax breaks for pensions would be a “major blow” and would put 750,000 people off saving for their retirement, the country’s top pension fund managers said yesterday.
Tue, 10 May, 2005
The Irish Association of Pension Funds (IAPF) will host its annual investment conference in Dublin Castle on 12 April.
Wed, 30 Mar, 2005
MEASURES to encourage people to put money from special savings schemes into pensions have been called for by the Irish Association of Pension Funds (IAPF).
Mon, 22 Nov, 2004