Pension Articles

A round-up of all the latest pension articles from Zurich Ireland.

Articles

There was a huge amount of Pension change over the course of the year and we thought that as we near the end of the year, it would be a good time to do a recap on it before we move into 2023.

Further to our recent communication, with only a few working days left in the year, the deadline to make a formal commitment is rapidly approaching.

Budget 2023 saw an increase in the State pension bringing it to €265.30 per week. But could you afford to live off the State pension when you retire? Zurich’s annual pension research reveals the financial concerns people have when thinking about their retirement. 

We’re delighted to announce the latest addition to our Signature Free ‘OnlineApply’ offering – Single Premium Personal Pensions, including transfers from other life offices.

Although an Approved Retirement Fund’s primary purpose in retirement is to provide a source of income for the retiree, another factor to consider for those that have an ARF is that ARF withdrawals can result in a PRSI record being accrued for the individual which can be very useful for boosting their PRSI credits and accessing state benefits such as the State Pension (Contributory).

Earlier this week the Pensions Authority announced significant changes to the rules governing Executive Pension Plans. So what are the implications to these changes?

As you know, in late April 2021 the EU IORP II Directive was transposed into Irish Law making significant changes to the Pensions Act. This blog details these changes. 

A proposed auto-enrolment retirement savings system could be introduced in Ireland as early as next year. So, who will be required to automatically enrol in the new scheme? Zurich Head of Corporate Life & Pensions Joe Creegan explains how it could work. This article was originally published in Accountancy Ireland.

‘A pension is a really important benefit because it’s a very tax efficient way of saving for retirement,’ says Maeve McCleane of Lidl Ireland. This article is an Irish Times Content Studio production.

We are excited to announce that our ‘Small Actions’ pension campaign is now live. Watch and listen out for the campaign which commences nationwide this week and runs until 7th November.

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