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The Socially Responsible Pension

What an interesting 16 months the Irish pension sector has faced. Not only are we dealing with the lasting effects of the Covid 19 on our economy and investments as a whole, but 2021 has also brought the implementation of the IORP II Directive, an EU directive requiring…

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LEAP - Driving Better Value

In these days of volatility, uncertainty and pedestrian returns, financial advisors are looking for tailored options to ensure they reach their investment targets for their clients.A one-size-fits-all investment model fits no-one properly. Financial advisors need the tools to…

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Explore the Benefits of ITC’s Non-Standard PRSA

In our latest vlog, ITC's Eve Nolan will be discussing our Non-Standard PRSA and the advantages it offers as a product. The views expressed in this video are based on our current (June 2021) understanding of pensions law and Revenue practice, which is subject to…

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Can Your Pension Help Tackle Climate Change?

In the investment world, we are currently seeing a shift towards more sustainable investing. The European Union legislation, due to be introduced this year, will require financial advisers to ask clients about environmental, social and corporate governance (ESG) preferences and,…

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What Does IORP II Mean For Pensions?

The Minister for Social Protection, Heather Humphreys, T.D., has now signed IORP II into Irish law. The new legislation applies to all occupational pensions and trust Retirement Annuity Contracts (RACs), including small schemes and one-member arrangements.But what does this…

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Single Member Schemes After IORP II - Part 3

In Part 2 of this series, we examined the effect of IORP II on investments of small self-administered schemes. The investment strategy for a single investor is obviously closely associated with the investor’s attitude to risk. In this blog we will see that IORP II when applied…

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Single Member Schemes After IORP II - Part 2

In Part 1 of this series of blogs, we concluded that in spite of uncertainty with regards to detail, IORP II is likely to have consequences for one member arrangements. In this blog we will examine the changed world of investments.DiversificationOther than the broad…

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Single Member Schemes After IORP II

The transposition of IORP II Directive into Irish law has been delayed for so long that many in the pensions industry have lost interest. The Pensions Authority’s repeated warnings about the industry’s lack of preparedness has not removed the limelight from more exciting…

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No Guarantee of State Pension for Younger Workers

Younger workers can no longer take the State Pension as ‘a given’ according to Ireland’s chartered accountants.This warning comes in conjunction with the findings of budgetary watchdog, the Irish Fiscal Advisory Council, who advised that it would cost the State an…

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The Roadmap for Pensions Reform – What’s Really Changing?

On 13th November, the Government’s Interdepartmental Pensions Reform & Taxation Group (IDPRTG) published its long-awaited conclusions, following two years of public consultation and market research. While the 145-page document contains a huge amount of detail, the key…

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