IORP II – A New Era Dawns for the Irish Pension Industry
The regulations transposing IORP II were published earlier this week. After a long wait, this signals perhaps the biggest change to the regulatory landscape for pensions in Ireland since the Pensions Act 1990. We highlight some key aspects.

 

After a long wait, IORP II has finally been transposed into Irish law with the signing of The European Union (Occupational Pension Schemes) Regulations 2021 (S.I. 128 of 2021) (the "Regulations") by the Minister for Social Protection.

In this briefing, we examine some of the key aspects of the Regulations, including:

  • New fit and proper requirement for trustees;
  • The enhanced supervisory role of the Pensions Authority;
  • New requirements to appoint key function holders; and
  • ESG and scheme investments.

Please click here or on the button below to download our full briefing.

A new era dawns for the Irish pensions industry_April_2021

 

 

Key Contacts

Ian Devlin Partner

Ciara McLoughlin Senior Associate

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