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Pensions, savings and investment

Chartered Accountants Ireland believes that Ireland’s pensions, savings and investment landscape is in urgent need of reform.

Ireland’s population is ageing rapidly. By 2050, there will be just two workers for every person aged over 65, compared with roughly four workers today. At the same time, almost €170 billion of household savings are sitting in low‑return deposit accounts. There is an urgent need to support workers and households to build wealth throughout their lives.

On this page you will find information on household savings and investment, pensions and auto-enrolment and financial literacy.

Jump to:

  • Savings and investment
  • Pensions and auto-enrolment
  • Financial literacy
  • Latest news

Savings and investment

Unlocking household deposits will benefit workers by helping them build wealth over their lifetime. It will also deepen our capital markets and improve the funding environment for our SMEs.

At an EU level, the Savings and Investment Union aims to create better financial opportunities for EU citizens and deepen capital markets and connect savings with productive investments.

Actions taken:

  • In our reaction to the inaugural Savings and Investment Forum on 31 March we welcomed the strong emphasis placed on financial literacy and the simplified approach to tax
  • Our letter to Tánaiste and Minister for Finance on Savings and Investment outlined specific recommendations that we believe would greatly improve the investment environment for households in Ireland
  • Our Investment Tax Guide, launched in conjunction with Goodbody, provides an overview of the landscape of investment taxation in Ireland
  • Our webinar launching our Investment Tax Guide discusses a range of developments shaping the 2026 investment landscape, including taxation measures, financial literacy and EU developments
  • In our response to Ireland for Finance Strategy 2026-2030 we set out how the next strategy must be both ambitious and pragmatic: ambitious in seeking to position Ireland as a global hub for sustainable and digital finance, but pragmatic in addressing infrastructure gaps, regulatory proportionality, and tax competitiveness.

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Public Policy 15

Pensions and auto-enrolment

Given Ireland’s demographic trajectory, the public pension system will face growing pressure in the years ahead. In response the Government introduced auto-enrolment to increase the proportion of private sector workers contributing to a pension.

Actions taken

Chartered Accountants Ireland supports auto-enrolment and has taken the following actions:

  • We requested clarity from the Department of Social Protection (DSP) and raised a formal query regarding access controls in relation to MyFutureFund
  • We kept our membership informed about important correspondence on My Future Fund: Auto Enrolment – My Future Fund
  • We wrote to the Minister for Social Protection requesting clarification in relation to the timeline for the introduction of pensions auto-enrolment.

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Public Policy 27

Financial literacy

Financial literacy is about empowering people, young and old, to make the best financial decisions for themselves and their families. Many people without financial literacy do not know the fundamentals for key financial decisions such as what mortgage type to choose, what is best from a tax perspective or when to invest.

Many of our members provide valuable personal finance advice to individuals, workers, the self-employed and small business owners. We have a unique perspective on this crucial element of personal and business finance.

Financial literacy is for everyone and is also a key part of the EU’s Savings and Investment Union.

Actions taken

  • In February 2026 ,we wrote to the Tánaiste and Minister for Finance on Savings and Investment and outlined the importance of financial literacy.
  • The panel at the launch of our Investment Tax Guide emphasised the critical role of financial literacy among adults, stressing that enhancing public understanding of investment and retirement planning must be a renewed government priority.
  • We are collaborating with the Department of Education to reform the Leaving Cert Accounting syllabus, which has remained largely unchanged since the 1990s. A revised, modern specification is expected in schools by September 2026
  • Our schools Bootcamp “Be The Boss” Challenge offers an engaging, interactive business simulation for second-level students, aligning with our ethos of promoting financial literacy from a young age
  • Our Thrive team provides support on investing in financial wellbeing.

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Public Policy 11

Latest news

Public Policy
(?)

Institute represents members at inaugural Savings and Investment Forum

Apr 02, 2026
Press release
(?)

Institute reacts to inaugural Savings and Investment Forum

Mar 31, 2026
Public Policy
(?)

Greater competition needed in banking sector to improve services and reduce costs for SMEs

Mar 27, 2026
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