AIB redundancy pension

AIB Employees – SWITCH OR STICK!

AIB staff pension scheme trustees have just reported to members that scheme assets in June 2015 were €4.43 billion, an increase of €1.68 billion from €2.75 billion in June 2012. Following on from this the scheme’s trustees have now decided to reduce the scheme’s risk assets from 77.3% at June 2012 to 46.7% in December […]

Stick Or Twist? What Next For Approved Minimum Retirement Funds

At retirement, some individuals will have the option to retire under the ‘new rules’. These give people the option to take up to 25% of their pension fund as a tax efficient lump sum, with the balance invested in post-retirement savings plans known as Approved Retirement Funds (ARF) and Approved Minimum Retirement Funds (AMRF). One […]

Compulsory Workplace Pensions To Secure Your Financial Future

Compulsory Workplace Pensions Will Be Enforced says Minister For Social Protection Ireland is one of the only two OECD countries not to enforce any form of mandatory pension schemes in the workplace. This need for tighter pension provisions has recently been identified by the Minister for Social Protection. The necessity for a sustainable Irish pension […]