Update on EIOPA Pensions Data reporting to the Pensions Authority
Friday 29 November 2019: This alert provides an update on EIOPA Pensions Data reporting as outlined in previous alerts of 19 September 2019 and 7 September 2018.
With regard to the collection of data on “Investment funds – look through approach” (PF.06.03.24) outlined in the EIOPA reporting requirements (set out in the decision of EIOPA’s Board of Supervisors dated 10 April 2018) pension schemes will not need to collect this information as at 31 December 2019. The first date that this information will need to be collected is as at 31 December 2020. The PF.06.03.24 template only applies to pension schemes with assets in excess of €1 billion.
This does not affect the data to be provided to the Central Bank of Ireland (the Bank). Details of the Bank’s requirements can be found here.
Trustees and Registered Administrators are also reminded of their continuing obligations to provide Annual Scheme Information to the Pensions Authority.
Further updates will be provided via the Pensions Authority website.
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For further information, contact:
Technical Unit
The Pensions Authority
Tel: (01) 613 1900
pensionsdata@pensionsauthority.ie
Note to Editors
The Pensions Authority
The Pensions Authority is the statutory body established by the Pensions Act 1990 to regulate occupational pension schemes, trust based RACs and Personal Retirement Savings Accounts (PRSAs) and to advise the Minister for Employment Affairs and Social Protection on overall pension policy development. See www.pensionsauthority.ie