ARTICLE · 22 JULY 2024

Pensions Summer Update 2024

Arthur Cox

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This Summer update from our Pensions Group covers topical issues in pensions law, including the latest news on automatic enrolment, an update on DORA transposition...

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Michael Shovlin

Deirdre Cummins

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This Summer update from our Pensions Group covers topical issues in pensions law, including the latest news on automatic enrolment, an update on DORA transposition, a summary of recent commentary on master trusts and recent legislative, Pensions Authority and case law updates.

Automatic Enrolment

Automatic Enrolment Retirement Savings System Act 2024 (the "AE Act")

A further step towards the introduction of auto-enrolment ("AE") in Ireland has been achieved. The AE Act completed its passage through the Oireachtas and the legislation was signed into law by the President of Ireland on 9 July 2024. The AE Act provides that it will come into operation when commenced by orders passed by the Minister for Social Protection. The Minister has stated that auto-enrolment will "become a reality" in 2025, however the exact timing of the commencement of the AE Act is not yet known. The Government previously stated it was targeting collection of first contributions to the

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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