Saturday, February 1, 2020

Ireland's pensions: All set for big changes

Ambitious plans set out in 2018 are progressing, albeit with problems still to be resolved, while the government is expected to introduce legislation enacting the EU’s IORP II directive – more than a year after the deadline passed in January 2019. Changes to the state pension age are also coming into force, rising from 66 to 67. However, the Irish Association of Pension Funds (IAPF) has warned that people affected have not been properly prepared. Those turning 65 this year could be forced to seek government support through the jobseekers’ allowance, according to IAPF chief executive Jerry Moriarty. Read More