Consultations

The IAPF works on behalf of our members to represent, research relevant data and communicate changes impacting on our sector. We collated the input from our members and have responded to the Pensions  Authority’s consultation document “Regulation of defined contribution master trusts”.  You can read our response on our website. We also participated in the Government's online survey: "Total Contributions Approach Consultation 2018"

We continue to invite your suggestions for the IDPRTG’s consultation paper on Supplementary Pensions Reform (please send us your views by 17 October) and the Department of Employment Affairs and Social Protection consultation on Automatic Enrolment  (please send us your views by 30 October).

Please email us with your views and comments. 

The Pensions Authority 

The Pensions Authority has issued a number of communiqués:

• IORP II Considerations for Trustees - information to assist preparing for what the potential impact might be and what actions should be considered now. This issue was also addressed by the Pensions Regulator, Brendan Kennedy, at our Benefits Conference. You can access a summary of his presentation here along with all the day's presentations.
• New EIOPA and ECB reporting requirements will be in place for Q4 2019. Read the Authority’s summary here. 
• Automatic Enrolment Regional Consultation Seminars will be held on 15 October in Galway and 19 October in Cork. 

Fiduciary Management Survey Results and Event

LCP Ireland, in conjunction with the IAPF, conducted a survey on Fiduciary Management. Whilst currently this market is relatively small, it is expected to grow to €10-12b in size. The decision to move to fiduciary management involves many factors. The results show the perspectives of both fiduciary managers and pension schemes and are now available here.

Following on from this publication, LCP’s Head of Investment Consulting Ireland, Oliver Kelly, will be presenting the results on 25 October in an IAPF Breakfast Briefing. He will be joined by Ronan Smith of Verus Advisory who will give an overview of the UK’s Competition & Markets Authority’s recent provisional findings report on Fiduciary Management and how it might impact in Ireland. To secure your place, click here. To read articles by Oliver and Ronan in the Autumn edition of Irish Pensions magazine, click here.

IAPF DC Scheme Survey

Following on the successful IAPF Breakfast Briefing “DC - The Future and Now” DC schemes are invited to feed into our survey. So far, the results cover €1.7b of assets and 15,000 members. But there are always more numbers to crunch! Please click here to complete the survey.

The slides from the briefing are available here. 

EMIR

The Central Bank issued a statement on European Market Infrastructure Regulation (EMIR) which you can read here. 

In case you missed it...

The Autumn edition of Irish Pensions magazine is out now and available to read online.