Blog

The main reason for complexity of Irish pensions is that there are too many different types of vehicles in place. Do you know your OPS from your BOB or your ARF from your PRSA? There are 13 to 15 different such vehicles in the Irish system. We need one or two. How can that be…

As the Department of Social Protection and the Pensions Authority have been reminded many times, most recently at the consultation on pensions simplification in 2015, nobody in the pensions industry believes that yet another structure is needed to accommodate mandatory…

It is widely accepted that Irish pensions are unnecessarily complex. They are part of an evolution which has taken place in a piece-meal fashion over the years. Many, many rules were created, not as part of an overall Government plan - there wasn’t any - but by Revenue in…

In this vlog, ITC Business Development Manager Eoin Hassett, will give you a brief introduction to international pensions. Eoin discusses who can move their pension internationally and what are the benefits of making this transfer?  The views…

In the first of our series of informative vlogs, ITC Business Development Manager John McGovern, will take a look at the Pension Property Opportunity. Specifically, why property works for pension investment, the Revenue rules on Pension Property and the ITC solution…

The Markets in Financial Instruments Directive II (“MiFID II”) became effective on 3rd January 2018 and is generally considered one of the most important regulatory updates undertaken by the EU since the financial crisis.Though MiFID II is not expected to impact pension…

In 2017, ITC staff launched the ITC Charity Challenge. The purpose of this initiative is to raise money for charity by each staff member setting a personal challenge. ITC then donates €100 on behalf of staff members to a charity of their choice when the challenge is…

Reports on the cost for the Exchequer of tax relief on pensions are either misunderstood or disingenuous.Experts in the Department of Finance claim that an additional €2.1bn could be collected by Revenue if we abolished tax relief on pensions.Obviously, if one is looking…

We are delighted to announce that the ITC Client Portal App is now available for download on Play Store and iTunes. The Client Portal App provides secure and convenient access to:Scheme details Key documents such as client annual scheme reports Live bank…

ITC Group is delighted to announce that we, for the fourth year running, have been awarded Independent Trustee Firm of the Year at the Irish Pension Awards 2017.The winners were announced at the gala dinner and awards ceremony on 23 November 2017 at the Shelbourne Hotel…