News archive

29 June 2007
PRSA contributor information
Friday 29 June 2007: There was a 37% increase in the number of people opening Personal Retirement Savings Accounts (PRSAs), between the end of 2005 and the end of 2006, according to new data on PRSA take-up released for the f...
1 June 2007
Pensions Board to attend Woman's World Show, RDS
Friday 1 June 2007: The Pensions Board will focus on one of its key target sectors in relation to pensions coverage when they attend the Woman’s World Show at the RDS this weekend (1st – 3rd June), where the Board will be enc...
4 May 2007
Contracts exceed 100,000 in first quarter 2007
Friday 4 May 2007: The Pensions Board today announced 1st quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of March 2007.
18 April 2007
Pensions Board To Take Tougher Approach For Breaches Of The Pensions Act
Wednesday 18 April 2007: The Pensions Board intends to take a tougher approach to any breaches of the Pensions Act and has warned the pensions industry to ensure all its affairs are in order.
18 March 2007
With longer life expectancy an adequate pension is vital
Sunday 18 March 2007: The Pensions Board is urging consumers to ensure they are contributing adequately to their pension on ‘Pensions Adequacy Day’ as part of National Pensions Action Week. The Board is highlighting the good ...
16 March 2007
Multi-lingual online Pensions Calculator and Checklist launched by The Pensions Board
Friday 16 March 2007: The Pensions Board, today, launched its multi-lingual online pension calculator and pension’s checklist at a reception in its offices, to mark ‘International Pensions Day’ as part of Pensions Action Week...
15 March 2007
Pensions Board and National Women's Council of Ireland encourage women to address their pension provision now
Thursday 15 March 2007: There is a serious need for women in Ireland to start to focus on their pension provision, a seminar in Dublin was told today. The Pensions Board and the National Women’s Council of Ireland hosted a br...
13 March 2007
45% of SSIA savers are under 40 and one in four do not have a pension
Tuesday 13 March 2007: The Pensions Board has today called on SSIA holders to address their pension provision with their SSIA savings. Nearly 45% of SSIA holders are young first time savers under the age of 40 and the Board ...
12 March 2007
Half of workers say they have not been offered access to a pension
Sunday 11 March 2007: Employers were today urged to offer their employees access to a pension. Research conducted by the Pensions Board for Pensions Action Week has revealed that 51% of respondents said that they have not bee...
5 March 2007
PENSIONS BOARD LAUNCHES NATIONAL PENSIONS ACTION WEEK 2007
Monday 5 March 2007: The Minister for Social and Family Affairs, Seamus Brennan, TD, announced details of National Pensions Action Week 2007, which will take place from 12th – 18th of March.
16 February 2007
Notes on Social Welfare and Pensions Bill 2007
The Social Welfare and Pensions Bill 2007 was published by the Department of Social and Family Affairs on 16 February, 2007. Part 3 of the Bill provides for a number of amendments to the Pensions Act 1990 in relation to Occup...
15 February 2007
Pensions Board Publishes Report on Trusteeship
Thursday 15 February 2007: The Pensions Board has today published its Report on Trusteeship. The Report involves a detailed review of the trust model of pension scheme governance and examines the role of trustees in occupat...
2 February 2007
PRSA figures for fourth quarter 2006
Friday 2 February 2007: The Pensions Board today announced 4th quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of December 2006.
24 January 2007
Occupational Pension Schemes (Disclosure of Information)(Amendment) Regulations, 2006
An information notice on proposals to amend the Disclosure of Information Regulations was issued in the "News" section of the website on 28 August 2006.Please note that these Regulations (S.I. No. 582 of 2006) effective from ...
14 December 2006
Bulletin 2:2006
On Friday 10 November 2006, Brendan Kennedy was selected by the Pensions Board to succeed Anne Maher as its Chief Executive Officer.
15 November 2006
PENSIONS BOARD TO ATTEND OFF THE RAILS, RDS
Wednesday 15 November 2006: The Pensions Board will attend the ‘Off The Rails’ fashion and beauty show at the RDS this weekend (17th – 19th November), where they will be highlighting the importance for women to start a pensio...
3 November 2006
PRSA figures for third quarter 2006
Friday 3 November 2006: The Pensions Board today announced 3rd quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of September 2006.
29 September 2006
Proposals for amendments to the Pensions Act
Proposals for amending the Pensions Acts 1990-2006 (“the Act”) in 2007
28 September 2006
Proposals for technical amendments to the Occupational Pension Schemes (Disclosure of Information) Regulations, 2006
Proposals for technical amendments to the Occupational Pension Schemes (Disclosure of Information) Regulations, 2006 (S.I. 301 of 2006)
22 September 2006
PENSIONS BOARD TO ATTEND NATIONAL PLOUGHING CHAMPIONSHIPS
Friday 22 September 2006: The Pensions Board will attend the upcoming National Ploughing Championships in Grangeford, Tullow, Co. Carlow from 27 to 30 September to provide pensions information for visitors at this major even...
31 August 2006
Claims under Insolvency Act
31 August, 2006: Following representations by the Board to the Department of Enterprise, Trade and Employment in relation to claims being made, under the Protection of Employees (Employers’ Insolvency) Acts, 1984-2004 (the A...
30 August 2006
The Pensions Board autumn campaign calls on young workers
Wednesday 30 August 2006: The Pensions Board is encouraging people to start their pensions early in their working lives and is highlighting that contributing to a pension at an early age can make a significant difference in r...
8 August 2006
'Special Savings for Retirement' report
Tuesday 8 August 2006: The Pensions Board presented a report entitled ‘Special Savings for Retirement’, to Mr. Séamus Brennan TD, Minister for Social and Family Affairs on 5 July 2006. This report has now been published by th...
4 August 2006
PRSA figures for second quarter 2006
Friday 4 August 2006: The Pensions Board today announced 2nd quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of June 2006.
24 July 2006
The Pensions Board calls on SSIA account holders to invest in their pensions
Monday 24 July 2006: The Pensions Board has today called on SSIA holders to consider investing in their pensions when their accounts come to fruition. The Board is highlighting the tax incentives in contributing to a pension....
19 July 2006
Section on cross-border schemes added to The Pensions Board website
The Pensions Board have dedicated a section on this website to cross-border schemes. Under this section you will find the relevant forms for authorisation and approval, guidelines and any recent news of frequently asked ques...
14 July 2006
PENSIONS BOARD LAUNCHES 2005 ANNUAL REPORT
Friday 14 July 2006: The Pensions Board today launched its 2005 Annual Report, in the Government Press Centre, and presented a copy of the Report to the Minister for Social and Family Affairs, Séamus Brennan TD, which is avai...
12 July 2006
Note on the Remake Regulations 2006
A number of recent Irish cases had suggested that a statutory instrument should not be used for the purposes of implementing EU law, unless it was clear that the primary legislation included a power allowing regulations to be...
2 June 2006
The Pensions Board to attend Woman's World show, RDS
Friday 2 June 2006: The Pensions Board will focus on one of its key target sectors when they attend the Woman’s World show at the RDS this weekend (2nd – 4th June). Pensions coverage overall for the female workforce stands at...
16 May 2006
CEIOPS' Conference 2006 - 14 November 2006
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) 2006 Conference, will take place on 14 November 2006 in Frankfurt am Main, Germany.
10 May 2006
Trust based Retirement Annuity Contracts: Consultation process
Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision (“the IORPs Directive”) imposes regulatory requirements...
5 May 2006
Pensions Forum 2006
Friday, 5 May 2006: The Pensions Board is delighted to jointly host today’s Pensions Forum with the Department of Social and Family Affairs. This takes place in Dublin Castle and brings together a host of high-calibre speaker...
5 May 2006
PRSA figures for first quarter 2006
Friday 5 May 2006: The Pensions Board today announced 1st quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of March 2006.
3 May 2006
Pensions Board and National Women’s Council urge greater action by women around pensions
Wednesday 3 May 2006: The Pensions Board and the National Women’s Council of Ireland have today called on all women to look at their pension situation during National Pensions Action Week.
2 May 2006
Pensions in the workplace day
Tuesday 2 May 2006: Pensions must be accessible to all in the workplace and in society,” Anne Maher, Chief Executive, Pensions Board said today. Ms Maher was speaking during ‘Pensions in the workplace day’, when the Pensions ...
30 April 2006
64% SAY THAT IT SHOULD BE COMPULSORY TO START A PENSION
Sunday 30 April 2006: National Pensions Action Week 2006: 64% of respondents in a recent consumer survey conducted by the Pensions Board said that it should be compulsory to start a pension, with 47% saying that they would ...
26 April 2006
Pensions Forum 2006
Dublin Castle Conference Centre – Friday 5 May, 2006 “Irish Pensions, Changing Times, Challenging Future”
24 April 2006
Pensions Board Launches National Pensions Action Week 2006
Monday 24 April 2006: The Pensions Board today has announced details of National Pensions Action Week which will take place from May 1st – 7th and will exhort people to take action around pensions.
29 March 2006
FAQs on Investment Regulations
These FAQs update and replace the FAQs issued as part of Bulletin 3:2005 concerning the Occupational Pension Schemes (Investment) Regulations, 2005.
23 March 2006
Cross-Border IORPs - authorisation and approval forms
10 March 2006
Pensions Board To Provide Pensions Checklist At Career Guidance Conference
Friday 10 March 2006: The Pensions Board will attend the Institute of Career Guidance Counsellors Annual Conference in Galway this weekend (March 9th – 11th) where they will be encouraging attendees to consider the topic of p...
8 March 2006
Pensions Board Links Up With CPL To Launch New Pensions Initiative As Part Of International Women’s Day
Wednesday 8 March 2006: The Pensions Board has marked International Women’s Day by teaming up with CPL, Ireland’s leading recruitment company, which will now provide pensions information to those seeking employment. The initi...
6 March 2006
Cross-Border Schemes: Protocol for co-operation between Pension Supervisors
27 February 2006
Pensions Board and Fás Launch New Pensions Initiative
Monday 27 February 2006: Pensions Information To Reach 100,000 Fás Trainees Per YearMonday 27th February 2006: The Pensions Board has teamed up with FÁS, the Training and Employment Authority, to implement a new pensions init...
20 February 2006
Notes on Social Welfare Law Reform and Pensions Bill 2006
3 February 2006
PRSA figures for fourth quarter 2005
Thursday 3 February 2006: The Pensions Board today announced 4th quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of December 2005.
27 January 2006
Bulletin 1:2006
Seamus Brennan, Minister for Social and Family Affairs, announced the appointment of members of the new Pensions Board,which took up office from 21 December 2005 for 5 years, including Mr. Tiarnan O Mahoney as new Chairperso...
17 January 2006
Pensions Board Launches National Pensions Review Report
Tuesday 17 January 2006: The Report of the National Pensions Review carried out by the Pensions Board at the request of the Minister for Social and Family Affairs, Séamus Brennan, TD, was launched by the Minister at a press c...
12 December 2005
Advertisement for Temporary Opportunity at Assistant Principal Officer level in the PRSA Unit of the Pensions Board
Monday 12 December 2005: This news item includes an advertisement and job description for a temporary opportunity at AP level in the PRSA Unit of the Pensions Board.
1 December 2005
Revised Intervaluation and Section 49(3) application Guidelines
Thursday 1 December 2005: Revised Intervaluation and Section 49(3) application Guidelines published by the Board on 1 December, 2005.
18 November 2005
Position of UK/Ireland schemes under the EU IORPS Directive Notice
4 November 2005
PRSA Figures for Third Quarter 2005
Friday 4 November 2005: The Pensions Board today announced 3rd quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of September 2005.
27 October 2005
Relaunch of pensionsboard.ie
Thursday 27 October 2005: The Pensions Board has relaunched its website, www.pensionsboard.ie , with an improved layout and search facility, easier accessibility and an increased amount of pensions information available onlin...
18 October 2005
Advertisement for Head of Technical Services and Research
Tuesday 18 October 2005: The Board is currently seeking applications for the post of Head of Technical Services and Research. This is a senior level appointment at Principal Officer level. The recruitment process is being con...
16 October 2005
Pensions Board targets young consumers
Sunday 16 October 2005: The Pensions Board has launched a new winter advertising campaign as part of its National Pensions Awareness Campaign, featuring cinema advertising, washroom poster sites as well as national and region...
7 October 2005
Note on new Disclosure Requirements
Friday 7 October 2005: Note on new Disclosure Requirements introduced by the Occupational Pension Schemes (Disclosure of Information) Regulations 2005
28 September 2005
Review of Construction Federation Operatives Pension Scheme
Wednesday 28 September 2005: The Pensions Board was approached by SIPTU in relation to issues of concern to them in relation to the operation of the Construction Federation Operatives Pension Scheme (CFOPS).
23 September 2005
Bulletin 3: 2005 - EU Pensions Directive
Friday 23 September 2005: The first EU Pensions Directive was adopted in 2003 and all Member States were required to bring this into force in their national legislation by 23 September 2005. Ireland has implemented the Direc...
22 September 2005
Ploughing Championship Press Release
Thursday 22 September 2005: The Pensions Board will be attending at the upcoming National Ploughing Championships in Mogeely, Co. Cork on the 27th, 28th and 29th September to provide pensions information for visitors at this...
29 August 2005
Section 49(3) Guidelines
29 August 2005
PRSA Compliance Strategy
Monday 29 August 2005: At its meeting on 5 September 2003 the Pensions Board agreed a PRSA Compliance Strategy. The Strategy outlines the Board’s approach towards monitoring compliance and emphasises the fact that any breach...
19 August 2005
Section 113 - guidelines re: preparation of Certificates of Benefits Comparison with regard to schemes in wind up
Monday 29 August 2005: Section 113 of the Pensions Act, 1990 to 2002, provides that where a transfer from a scheme to a PRSA is being undertaken then the provider, or an intermediary on its behalf, must present a comparison o...
29 August 2005
Implementation of EU Pensions Directive
29 August 2005
Consultation Document on Review of the Funding Standard July, 2004
Monday 29 August 2005: Consultation Document on Review of the Funding Standard July, 2004
12 August 2005
Position of UK/Ireland schemes under the EU IORPS Directive
12 July 2005
Pensions Board launches 2004 Annual Report
Tuesday 12 July 2005: The Pensions Board today launched its 2004 Annual Report and presented a copy of the Report to the Minister for Social and Family Affairs, Seamus Brennan TD, which is available on www.pensionsboard.ie.
12 July 2005
Progress Report by the Pensions Board to Seamus Brennan T.D. Minister for Social and Family Affairs
Tuesday 12 July 2005: Report issued to Minister on progress of National Pensions Review - 29 June, 2005.
3 June 2005
Pensions Board bringing the world of pensions
3 June 2005: The Pensions Board is bringing the world of pensions to the Woman’s World Show at the RDS in Dublin this weekend. The Pensions Board will have an information stand at the event and personnel will be available to ...
13 May 2005
‘Irish people are living longer and need to ensure they contribute to their pensions adequately’ Pensions Board
Friday 13 May 2005: The Pensions Board has today launched ‘Pensions Adequacy Day’ as part of National Pensions Action Week and is urging consumers to ensure they are contributing adequately to their pensions.
13 May 2005
FÁS announces introduction of pensions information for all future trainees
Friday 13 May 2005: FÁS, the Training and Employment Authority has announced that it will be introducing a pensions module as part of its training for all future trainees. FÁS will be working with the Pensions Board on the de...
12 May 2005
“Girls you gotta have fun”
12 May 2005: Focus of national pensions action week switches to women
11 May 2005
Pensions Board calls on employees in traditional sectors of low pension cover to consider pension options
Wednesday 11 May 2005: The Pensions Board has today called on employees in sectors of traditional low pension cover such as catering, retail, agriculture and construction to start a pension during National Pensions Action Wee...
10 May 2005
Pensions Board Chief Executive calls on consumers to consider pensions when ssias mature
Tuesday 10 May 2005: The Pensions Board Chief Executive, Anne Maher has called on consumers to consider investing in a pension when their SSIAs mature in 2006 and 2007. It is estimated that over €14billion of SSIA capital wil...
9 May 2005
National pensions action week commences
Monday 9 May 2005: Minister Seamus Brennan launched National Pensions Action Week to-day in Government Buildings. This week is about spreading pensions awareness and encouraging pensions action.
6 May 2005
PRSA figures for first quarter 2005
Friday 6 May 2005: The Pensions Board today announced 1st quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of March 2005.
5 May 2005
Securing Retirement Income - National Pensions Policy Initiative (NPPI) Report, 1998
Thursday 5 May 2005: On 30 October 1996 the National Pensions Policy Initiative was launched. This was jointly sponsored by yourDepartment and The Pensions Board. The objective of the Initiative was to facilitate national deb...
4 May 2005
Pensions Board announces National Pensions Action Week
Wednesday 4 May 2005: Pensions Board calls for employers to make time during week for employees without pensions to get advice
6 April 2005
Protocol on Secretariat Website
Wednesday 6 April 2005: This page provides a link to the Budapest Protocol which is published on the CEIOPS webisite (Committee of European Insurance and Occupational Pensions Supervisors).
8 March 2005
Women vulnerable on pensions provision
Tuesday 8 March 2005: The Pensions Board has today marked International Women’s Day by calling on all women to assess their pension situation and to take action to secure their financial future.
3 March 2005
Pensions Board publishes Customer Charter - Website recording 12,000 visits a month
Thursday 3 March 2005: Dublin: Anne Maher, CEO Pensions Board, today, launched the Pensions Board’s Customer Charter, Customer Action Plan 2004-2007 and Comment & Complaints form. These combined documents represent the Board’...
11 February 2005
Notes on the Social Welfare Bill, 2005
Friday 11 February 2005: Part 3 of the Social Welfare and Pensions Bill 2005 makes a number of changes to the Pensions Act 1990 (the “Act”). This note summarises the changes.
11 February 2005
Notes on Changes to the Funding Standard
Friday 11 February 2005: The purpose of this note is to clarify, in broad terms, the changes to be made to the Funding Standard arising from the Pensions Board’s Report (Review of the Funding Standard – Report to the Minister...
11 February 2005
Report to Minister on Review of Funding Standard
Friday 11 February 2005: At its meeting on 1 November 2002, The Pensions Board decided to initiate a review of the Funding Standard as part of a long-term response to the difficulties being experienced by defined benefit sche...
11 February 2005
Information on National Pensions Review (NPR)
Friday 11 February 2005: The Pensions (Amendment) Act, 2002 requires a report on pensions to be completed by September 2006. Mr. Séamus Brennan, TD, Minister for Social and Family Affairs, has decided to bring the timing of ...
4 February 2005
PRSA 2004 year end figures show total asset value now over €178 million
Friday 4 February 2005: The Pensions Board today announced 4th quarter data for Personal Retirement Savings Accounts (PRSAs), received from all 10 PRSA providers to the end of December 2004.
22 November 2004
The Pensions Board launches the second edition of its guide for trustees of pension schemes
Monday 22 November 2004: The second edition of a comprehensive guide for trustees of occupational pension schemes has been published by The Pensions Board. The Trustee Handbook was launched by the Minister for Social and Fam...
10 November 2004
Address by Anne Maher, Chief Executive, The Pensions Board
Wednesday 10 November 2004: The Insurance Institute of Ireland & LIA Joint Graduation Ceremony in O’Reilly Hall, UCD, Belfield, Dublin 4 on Wednesday 10 November 2004
26 October 2004
The Pensions Board relaunches three updated information booklets
Tuesday 26 October 2004: As part of it's information services for pension scheme members and other interested parties The Pensions Board today relaunched up-dated versions of three of it's information booklets.
24 October 2004
Announcement by Minister Coughlan on pensions & PRSAs
Sunday 24 October 2007: Mary Coughlan, Minister for Social and Family Affairs, announced today (Thursday, 24th October) that from 1st January next, employers will be obliged by law to pay over pension contributions to the tru...
9 September 2004
You can’t hide from your financial future forever; National Pensions Awareness Week, 13-19 September 2004
Thursday 9 September 2004: Minister for Social and Family Affairs, Mary Coughlan TD, today launched National Pensions Awareness Week, 13-19 September 2004, with a major call for action to those without pension provision to co...
7 September 2004
The Pensions Board welcomes pension coverage increase but recognises need for more to be done
Tuesday 7 September 2004: The Central Statistics Office (CSO) today issued the results of its most recent pension coverage survey which was completed in the first quarter of 2004.
2 September 2004
64,000 employers questioned by The Pensions Board
Thursday 2 September 2004: The Pensions Board today issued 64,000 letters and questionnaires to employers who do not have an occupational pension scheme registered with The Pensions Board or who appear to have failed to sign ...
6 August 2004
PRSAs exceed 30,000 at end June 2004 - Total asset value now over €83 million
Friday 6 August 2004: The Pensions Board today announced another quarterly increase in uptake of Personal Retirement Savings Accounts (PRSAs), continuing a positive trend for the first half of 2004. The Pensions Board’s lates...
26 July 2004
The Pensions Board launches online interactive pensions calculator
Monday 26 July 2004: In an initiative that will give the individual easy access to vital pensions information, The Pensions Board today launched an online interactive pensions calculator on the Board’s website www.pensionsboa...
21 July 2004
The Pensions Board launches 2003 Annual Report
Wednesday 21 July 2004: The Pensions Board today launched it's Annual Report 2003, in the Board’s headquarters in Dublin and formally presented a copy of the report to the Minister for Social and Family Affairs, Mary Coughlan...
13 July 2004
Pensions Board seeks public’s views on funding standard for defined benefit pension schemes
Tuesday 13 July 2004: The Pensions Board has published a major public consultation document on the funding of defined benefit pension schemes in Ireland and is seeking the views of all interested parties.
7 May 2004
PRSA uptake at 26,899, value €60.5m, at end March 2004
Friday 7 May 2004: The Pensions Board today announced steady progress in the uptake of Personal Retirement Savings Accounts (PRSAs), following the completion of the Board’s latest quarterly review of key data received from al...
29 April 2004
Slow but steady progress for PRSA uptake
Thursday 29 April 2004: The cumulative asset value of Personal Retirement Savings Accounts (PRSAs) is now in excess of €41 million, Pensions Board CEO, Anne Maher, told a conference of the Irish Insurance Federation (IIF) tod...
3 March 2004
Pensions for women get a head start
Wednesday 3 March 2004: The Pensions Board, supported by Catherina McKiernan, today launched the second edition of their very comprehensive information booklet entitled 'Women and Pensions' as part of their ongoing National ...
15 February 2004
New Chairman appointed to The Pensions Board by Mary Coughlan, Minister For Social And Family Affairs
Sunday 15 February 2004: The Minister for Social and Family Affairs, Mary Coughlan, has appointed Mr Michael McNulty as Chairman of The Pensions Board. Mr McNulty, a native of Longford, is a senior partner in Ernst and Young...