Joan Burton announced a series of changes which include a change to the priority order for defined benefit schemes on wind up, together will a less tolerant approach for schemes which fail to meet a minimum level of solvency. Apart from the cases of double insolvency, the change in priority order will have limited impact on the majority of schemes.
The Allied Pension Trustees Pension Fund Investment Survey monitors the performance of investment managers for the corporate pension scheme market.
The OECD review of the Irish pension system published recently states that Ireland should make its pension system simpler and fairer so that everyone has sufficient income for a decent standard of living in retirement.
The main changes affecting private sector pensions announced in the Budget for 2014.