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In the last Budget and Finance Bill changes were introduced to the current pension landscape including changes in relation to Personal Retirement Savings Accounts (PRSAs). In this article, Gerard Tyrrell, Pension Consultant, Technical Services at Zurich explains what has changed, and how you could benefit from these amendments.
This guide outlines the latest changes introduced in the last Budget and Finance Bill to pensions in Ireland - both private and public. 
Listen to our recent webinar where we cover all the latest updates on Auto-enrolment in Ireland, and how employers can prepare their business for its launch. The Zurich Pensions team cover AE implementation, actions and considerations for employers, while Moira Grassick, COO at Peninsula Ireland, one of Ireland’s leading suppliers of HR services, covers the HR aspects in detail.

Not surprisingly, the introduction of auto-enrolment (AE) has been pushed out from an ambitious start of 1st January 2025 to a more realistic date of end September 2025. Niall Fitzgerald, Head of Retirement Solutions, Zurich explains key considerations for your business.

Automatic enrolment in Ireland is being mooted as a measure that could bridge the pension gap. But how will auto-enrolment work and how will it affect your pension plan?
Today, despite the many challenges faced by customers because of high inflation and the cost of living rises, many SME businesses have shown remarkable resilience and flourished with the result that they have accumulated cash assets in the company. Good forward thinking business planning means that these same SME owners should look at pension funding opportunities in the most tax efficient manner.
Zurich’s latest pension research highlights the challenges people face when trying to save for their retirement, and their need for financial planning advice. 

If introduced to Ireland, auto enrolment would be the latest in a number of initiatives designed to bring more people under the pension umbrella and boost retirement savings.


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