Ireland: Master Trust Developments 2021
Ireland is home to around half of the IORPs in the European Union, despite only having 1% of its population. The Pensions Authority, which regulates Irish pensions, believes that a smaller number of larger schemes would better serve pension savers. The Pension Authority’s medium term goal is to reduce the number of Irish pension schemes from approximately 160,000 to 100-150. This will require the expansion of multi-employer pension schemes, or master trusts. The transposition of…
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