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 mean for pensions?
On Friday, 7th May we held a webinar for our advisors to provide an overview of what the IORP II Directive means for self-administered pension schemes. While we are expecting further guidance from the Pensions Authority it proved useful to run a Q&A session to summarise the legislation and address queries from advisors.
To view the full webinar recording, please click here.
For further information, please speak to your Financial Advisor or email email@example.com.
*Please note this content is the view of the author and not of Independent Trustee Company