A round-up of all the latest pension articles from Zurich Ireland.
At Zurich, we’ve learned a lot about the impact of the Institutions for Occupational Retirement Provision (IORP) II on pensions over the past 24 months.
We will shortly be writing to employers and we want to keep you fully informed of our actions.
To meet with the new IORP II requirements, these arrangements must be wound up and their assets transferred to either the Zurich Master Trust (ZMT) or another suitable arrangement within a very tight timeframe.
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.
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?