auto-enrolment

Scheme will capture up to 800,000 workers between ages of 23 and 60 and earning more than €20,000 who are not currently part of a pension plan

Primary focus in delayed request for tenders is on charge for managing funds that could grow to €21bn by 2035

‘My Future Fund’ scheme to apply to those between 23 and 60 who earn at least €20,000

One in six workers does not have access to a pension in their workplace according to new data from the CSO

Over half of workers who are not signed up to a pension scheme at work said employer does not offer one

Department of Social Protection now looking at flat-fee structure to run scheme that disadvantages poorest paid

Companies have just nine months to prepare for mandatory workplace pension contributions from around 800,000 workers

Companies are increasingly wary of hiring cross-Border workers because of tax, pension and payroll issues, report warns

Officials now plan flat charge on participants to run scheme which will hit lower paid people harder

Companies examining rules of existing workplace pensions to minimise duplication under My Future Fund regime

Inside Business podcast with Ciarán Hancock

Auto-enrolment is widely expected to boost the retirement income of most people

Mercer report expects auto-enrolment to address long-standing concerns about sustainability of pension regime

Announcement comes a week after she confirmed start date for mandatory workplace pension scheme of September 30th, 2025

The best news, analysis and comment from The Irish Times business desk

The Government’s plan to boost private pension coverage looks likely to have less of an impact than had been hoped

Failure to achieve 6% payments from workers and employers could significantly undermine the retirement income the plan is expected to deliver

The best news, analysis and comment from The Irish Times business desk

Department of Social Protection targeting start of scheme aimed at capturing 750,000 workers without pension plan in ‘early 2025′

Willis Towers Watson crunches pension numbers but advises that most workers will benefit more in a company scheme if one is available

More than four in five respondents support auto-enrolment but close to half warn of initial pushback

Job comes with salary of €200,000 a year, but added wages could push pension pot to point where it is hit with tax liability

Seen & Heard: VAT surprise for Uber drivers; McKillen’s ‘informal contract’ with Sheikh; renewable firms’ crisis profits; pension deadline

The power of compounding is key to building a pension pot and it means how long something is invested for is probably more important than how much is invested

Absence of ‘public awareness’ programme outlining benefits of mandatory workplace pensions could derail scheme

Legislation holds planned new mandatory workplace pension scheme to lower regulatory standards than private sector rivals

Many Irish employers will struggle with the implementation of the upcoming system, staffing agency warns

Auto-enrolment legislation is a missed opportunity as calls for measures to boost women’s pension funds were ignored

Auto-enrolment start date has slipped several times before. Now pegged for ‘early 2025′, will it slip again?

CPA Ireland president says many small and medium businesses may not be able to afford cost of auto-enrolment

Companies and the Government need to act now to explain the value of a pension or run the risk of undermining landmark programme, says Aon

Aon study also says more action is needed to address pensions gap that leaves women at a disadvantage in retirement

Irish Life says savers do better under existing tax-relief regime and new approach will hit take home pay of lower earners the hardest

Irish Life says most companies have some pension “gap” but are reluctant to operate two schemes in parallel

The new State scheme will present employees with an important choice

Anything above so-called standard fund threshold is taxed at 40%

While more than half of men receive a private pension, fewer than one in three women receive the same benefit

Department of Social Protection tells employers new rules will allow transfer from compulsory scheme to workplace alternative

Some 800,000 workers will be brought into a scheme for the first time, but Sinn Féin says NTMA should manage new initiative and not private pensions sector

New figures show compulsory workplace saving could deliver a decent pension