Representing risk to DC members

In this article Paul McCarville, a Director of Clarus Investment Solutions (www.clarus.ie), discusses the difficulty of a standardised measurement of risk against the background of ever changing investment conditions. Read article: Paul McCarville article.

Practical upper limit on pension funding

In recent years, Government has discouraged very high individual retirement funds. Since 1 January 2014, individuals are penalised if they build up funds higher than the Standard Fund Threshold of €2m, unless they can avail of a ‘grandfathering’ facility for funds already over that level. For many there is wriggle room to go a little […]

Direction of equity markets unclear

The direction of world stock markets is not clear. The attached charts US stock market 2015-2016 show that the S&P 500 index is 7% below its May 2015 peak but has recovered sharply over the last two weeks of February to be down just 3% year to date. The most widely held view about equity markets […]

Last chance for 30% AVC withdrawal

Reminder:   Please note that any persons with current AVC’s have until the 27th of March 2016 to withdraw 30% of their AVC at marginal rate tax (not including USC or PRSI) on a once off basis.    

New pension accounting requirements

For accounting periods commencing on or after 1st January 2015, there are new requirements in place, described in the attached paper: FRS 102 Changes from FRS 17. Further information on this topic may be obtained from Rita-Anne Keyes.

A US perspective on mandatory retirement provision

In this article (Michael F Yates & Co October 2015), our international network partner Michael F Yates & Co discusses the implications of the trend towards mandatory retirement provision in the US. The lessons learnt in other jurisdictions can guide our own moves in this direction. Trident Consulting and Michael F Yates & Co are members of the […]

Cabinet Approves Waterford Crystal Settlement (RTE 24/3/15)

The Cabinet has approved a €180m final settlement on pension arrangements for Waterford Crystal employees, who lost their pensions when both the company and their pension scheme became insolvent in 2009. The workers’ union, Unite, won its case in Europe when it argued that Government had failed to make adequate provision for the pension entitlements […]

Six-year Waterford Crystal pensions row resolved

Unite says agreement has been reached on all outstanding settlement issues regarding Waterford Crystal pensions. The trade union said payment to members can now start in line with the agreement. The row has been on-going for over six years, when the company went into receivership. Unite Regional Secretary Jimmy Kelly said: “This agreement means that […]