Ireland’s pension landscape set to be transformed in 2021

Ray Clarke, director consulting, Aon, says companies have a busy 2021 ahead with the  “most significant changes in at least a generation" for pensions regulations

According to the latest Aon DC survey, it is heartening to see that many trustees have begun to place a greater focus on governance and monitoring in advance of IORP II coming into force.

Ireland’s pension landscape is set to be transformed in 2021 with businesses facing new challenges in how they manage their pension schemes.

From staying resilient in the face of the economic challenges to COVID-19 and meeting the changing needs of today’s workforce, defined contribution (DC) pension schemes are becoming ever more complex.