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ARTICLE · 07 JUNE 2017

Irish Pensions Authority Reflects On 2016 And Plans For The Future

Mason Hayes & Curran LLP
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The Report restates the Authority's intention to remain proactive in ensuring compliance with further on-site inspections, reviews of reports and audits on compliance desks

IrelandEmployment and HR

The Pensions Authority has issued a summary of its 2016 regulatory activity and its plans for 2017. We examine the Authority's plans to increase direct engagement with regulated entities and to broaden its review of scheme governance and administration matters. 

Supervision and compliance

In its summary of 2016 regulatory activity and plans for 2017 (the " Report"), the Pensions Authority (the "Authority") identifies misappropriation of pension assets and the obligations on regulated entities to submit accurate and complete data as primary concerns. In line with this focus, the Authority has dedicated additional resources and increased its capacity for analysis and interrogation of submitted data.

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