In our response to the consultation on the process for an automatic enrolment retirement savings system for Ireland, Chartered Accountants Ireland has called for any new system to:
- Be efficient, transparent and cost-effective for all stakeholders.
- Deliver on its core objective of boosting pension coverage without introducing needless complexity for employers and employees
- Not erode current tax incentives or replace the State pension
- Not create an undue financial or administrative burden for employers.