Pensions Legal Update – Key Issues for 2021 (ROI)

Summary

The Irish Pensions landscape is set for considerable change in coming years. The Government’s focus is on Pension Reform and Auto Enrolment, and there are significant EU legislative changes still to be implemented. Join Mason Hayes Curran and Harvest Financial Services for an overview of these upcoming developments and how they might impact both Trustees and scheme members.

Venue details:  
Webinar, , Online
Start date & time:  
15 April 2021 14:00
End date & time:  
15 April 2021 15:00
Price:  
By registering for this course you have accepted the terms and conditions
CPD hours:  
1.00
Speaker details
First nameLast name
Emer Kirk
Patrick O'Connor
Stephen Gillick

Description

Product type:  
CPD course
Category:  
Tax

Format

This course will be delivered via Zoom on Thursday 15 April 2021 from 2pm to 3pm. The Zoom link will be emailed to participants the day before the course is due to take place.

Please note, registrations for this coruse will close 30 minutes before the start time outlined above.

Who should attend

This course is suitable for accountants, auditors, and other business professionals, both from small and mid-sized practices and in business, from the Republic of Ireland.

Course overview

  • The IORP II Directive (or Regulations if published): What it means for Trustees.
  • Trustee responsibilities at the point of retirement.
  • Individual trusteeship vs professional trusteeship.
  • Whole-of-life PRSA.
  • Potential replacement of the ARF.
  • Treatment of ARF assets for inheritance tax purposes.
  • Possible cessation of Buy-Out-Bonds and Retirement Annuity Contracts.
  • Advice at the point of Retirement.

Key learning outcomes

  • Better understand the potential upcoming legislative changes affecting pensions in Ireland.
  • Have an improved knowledge of the various pension structures available and how these may be affected.
  • Understand better the responsibilities of Trustees to their members when they retire.

Speakers

Stephen Gillick has extensive experience in advising trustees, sponsoring employers and pension providers on a range of issues, including pension scheme establishment and restructuring, pensions specific data privacy advice, pension scheme funding and de-risking exercises. Stephen is a member of several industry bodies and sits on the Pensions Council that is a statutory body that advises the Minister for Employment Affairs and Social Protection on matters relating to policy.

Patrick O’Connor joined the firm in 2019 having previously worked for four years, as an in-house solicitor with a large pension provider and professional trustee company. Patrick advises trustees, pension providers and employers on all aspects of pension law, including the drafting and amendment of scheme documentation, the interpretation of pensions legislation and Revenue compliance. Patrick is a Council Member of the Association of Pension Lawyers in Ireland and of the IAPF Investments Committee.

Emer Kirk specialises in providing retirement planning advice for private clients approaching and during retirement. Emer has 18 years’ experience in the pensions industry. She is an Associate of the Institute of Taxation, a Qualified Financial Adviser and a Certified Financial Planner Professionals (CFP®). Emer is co-founder of Connect Women in Pensions, a network who support the promotion of the importance of retirement planning for women.