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ARTICLE · 02 MARCH 2017

Pensions Law Review 2016

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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Last year signalled a number of forthcoming changes to the regulatory environment for pensions in Ireland.

IrelandEmployment and HR
Stephen Gillick
Stephen Gillick
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Last year signalled a number of forthcoming changes to the regulatory environment for pensions in Ireland. We examine these developments and how they helped shape the pensions landscape in 2016. We also highlight some possible developments likely to occur during 2017.

The Pensions Authority five-year plan

The merger of the offices of the Financial Services and Pensions Ombudsman

A halt in the decline of defined benefit pension schemes

2016 saw a number of developments in Ireland which will shape the pensions regulatory landscape for a number of years. The Pensions Authority announced their strategy for the next five years. Further insight was also provided into the amalgamation of the Pensions Ombudsman with the Financial Services Ombudsman and the extension in roles and functions it will entail. Finally, we may have had a watershed moment in the decline of defined benefit pension schemes in Ireland.

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