Blog

What Happens to My Pension Scheme When I Die?

It is natural for us to shy away from conversations about our own demise, however, it is well worth considering how your pension benefits will be treated after your passing. This will allow you to take any necessary steps now to ensure that your intentions are met. The first…

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BOBs Not Dead

Since the implementation of IORP II in 2021, rumours had been circulating that the Finance Act would also bring in restrictions that would see an end to the Buy Out Bond (BOB). This fortunately did not occur last year but could still become the case in this or future year’s…

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Scheme Reports Now Available Through the ITC Client Portal and App

Did you know you can download your scheme report information through the ITC Client Portal and App? Register today and experience the portals simple functionality and convenient access to:Your scheme details Keep track of your pension contributions (in real time) Check…

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Are You Getting the Most Out of Your Nexus?

Did you know ITC Nexus allows our advisors to create and monitor client pension schemes online and sign applications with a click of a button?Its functionality includes:Paperless set-up. No more posting or scanning needed. Ability to monitor application pipeline with…

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More Than 90% of Pension Advisors Say Auto Enrolment Will be Delayed Beyond 2023

As you know, a lot of changes are currently taking place in the pension space, and earlier this year we wanted to gauge financial advisors’ views on these recent developments through a quick opinion survey.Topics included:Change in retirement age The effect of IORP II The…

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ITC Win Independent Trustee Firm of the Year 2021

ITC Group is delighted to announce that we have been awarded ‘Independent Trustee Firm of the Year’ at the Irish Pension Awards 2021.The Irish Pensions Awards give recognition to those pension funds and providers who have proven their excellence, professionalism and…

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The Gender Pension Gap

A recent survey carried out by Bank of Ireland focused on women’s confidence regarding financial planning and managing money. The survey results outlined the variations between men and women’s approach and confidence when it comes to money management. At a high level, it was…

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Tax Deadline: Set up ITC pension overnight with ITC Nexus

With the online tax deadline looming on 17th November, it is good to know that a self-administered pension can be set up overnight through ITC’s online facility - ITC Nexus. Send us a cheque for your client’s contributions the following day, ensuring you meet the deadline…

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Utilise the BOB Before it’s Too Late

In our latest vlog, ITC's Stephen Dooley discusses the restrictions of IORP II on investments by occupational pension schemes in unregulated investments such as property and how the Buy Out Bond can provide a cost effective solution.     …

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Lending in Pensions Attracting Investors

It is an interesting time for the property sector. We are currently dealing with the effects of the Covid 19 pandemic on our economy and investments as a whole. Also, in April 2021, the IORP II Directive was implemented. This is an EU directive requiring pension schemes…

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