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This is the part of our website where we share industry news, blogs or any other relevant information you may need to make an informed decision regarding your financial life.
Auto-Enrolment – Supporting you and your employees
AUTO-ENROLMENT (AE)– THE STORY SO FAR Auto-enrolment (AE) is a new retirement savings system for employees that will be introduced on 1st January 2026. A new public body, the National Automatic Enrolment Retirement Savings Authority (NAERSA), will administer the scheme under the supervision of the Pensions Authority. Called ‘My Future Fund’, under auto-enrolment the employee, employer, and Government all pay a certain amount into the employee’s pension fund. WHAT DOES THIS MEAN FOR MY COMPANY? All companies with employees in Ireland, regardless of size or structure, are obliged to facilitate the auto-enrolment scheme for employees who meet the eligibility criteria and for those who wish to opt in. It will also be mandatory for employers with eligible employees (or those employees who ‘opt-in’) to contribute to automatic enrolment when it is launched. WHO WILL BE AUOMATICALLY ENROLLED? Employees who meet the following conditions will be automatically enrolled: those aged between 23 and 60 those earning more than €20,000 per year those not currently paying into a work or private pension through payroll (i.e. not currently a member of a company pension scheme) For those individuals not in a company group scheme, who are outside the age and earnings parameters but would
Are you aware of the upcoming changes due to effect Employer Contribution payments for PRSA’s?
Build your pension pot! On the heels of the recent Budget, the Finance Bill was published on 10th October 2024 which outlines new legislative changes to employer contributions paid to PRSA’s. Prior to the Finance Bill, employer PRSA contributions
Don’t miss out! File & Pay 2024
The closing date for the File and Pay period for 2024 is rapidly approaching. We are advising all clients to complete the necessary EFT payments by the 10th November this year to ensure funds are received and applied in time.
Get ready for File and Pay 2024
Key dates for your calendar We might be all enjoying the Olympics at the moment but its important not to lose sight of what is just around the corner. If you wish to reduce your tax bill for income earned
Auto-Enrolment… Here’s what we know so far
WHAT IS AUTO-ENROLMENT (AE)? Auto-enrolment is a new retirement savings system for employees that will be introduced in January 2025. It is expected that up to 800,000 people will be automatically enrolled once the system goes live. The scheme will
Tracking down your lost pensions
Digging up buried (pension) treasure and streamlining your retirement. You know how great it feels when you put on a pair of jeans you haven’t worn in a while and you find money in the pocket? It’s like free money
Staying on track… The importance of regular reviews
Keep an eye on your portfolio We all know that the world which we live in rarely stands still, lifestyle factors shift, personal circumstances can change, and new opportunities may emerge at any stage. That’s why we always tell our
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