Latest Issue

18/05/2011

  • DB consultation proposals could result in more schemes being wound up warns Mercer...
  • Judges declare concern about pension tax liability of €2.3 million...
  • Ryanair loses High Court bid to block Aer Lingus pension contributions...

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NEWS FEATURE

The Pension Levy: How a ‘modest’ jobs initiative became the coalition’s first political setback
Will the Pension Levy be challenged in the Courts?  Will pension scheme administrators and trustees willingly collect it, especially if instructed not to by their members?  What impact could the levy and reduction of tax relief by 2014 have on the pensions industry? Jill Kerby reports on the coalition government’s decision to levy the assets of private pensions to fund the Jobs Initiative. (Read more...>)

FEATURE

The Green Jersey Agenda
It is ironic beyond belief that one of the justifications for the pension levy is a  suggestion that Irish pension funds are unpatriotically investing mainly abroad  and so some funds should be brought 'home' via the levy. (Read more...>)


NEWS - INTERNATIONAL

OECD report warns about pensions shortfall; stresses need for more private sector savings

An OECD study warns about pension funding shortfalls in the EU by 2050 and highlights the ongoing importance of both public pension provided by the state and the need to encourage more private section pension provision.


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