This Spring update from our Pensions Group covers topical issues
in pensions law, including the latest news on automatic enrolment,
a reminder of upcoming IORP II compliance deadlines, the
implications of recent changes to the State Pension regime and
recent legislative and Pensions Authority updates.
Automatic Enrolment
As this Update was going to press, the draft legislation to
introduce an automatic enrolment pension system in Ireland (the
Automatic Enrolment Retirement Savings System Bill (the "AE
Bill")) received Cabinet approval.
The introduction of automatic enrolment has been on the cards in
Ireland since 2006, when the then Minister for Social and Family
Affairs first published proposals on the matter. However, the
Cabinet approval of the AE Bill suggests that the implementation of
automatic enrolment will pick up significant pace over the coming
months, with the AE Bill expected to shortly begin its passage
through the Oireachtas and the Minister for