The My Future Fund scheme, now delayed to 2026, has now been postponed three times since 2018. Irish Life, Amundi and BlackRock have been tapped as investment managers for the scheme, while governance concerns flagged by the Pensions Authority have caused some concern. Meanwhile, master trust assets continued to soar. However, real reform also hinges on raising saver awareness, not just structural fixes.
After successive delays, the country’s new auto-enrolment retirement system is finally set to get off the ground this year
Pension fund/entity | Assets (€’000)
©IPE Research; View the Top 1000 European Pensions Funds 2024 for a comprehensive market overview
This is a critical step forward in ensuring that NAERSA is established, staffed and prepared in advance of MyFuture Fund commencing from 1 January 2026
The Irish Pensions Authority is set to share its 2025-2029 pension strategy in the ‘coming weeks’
Department of Social Protection advertises for CEO and board member positions, announces preferred bidders for investment management services
Master trust market in Ireland has continued to grow as trustees and employers respond to obligations under the IORP II
The Authority conducted compliance audits across various pension funds focusing on adherence to regulatory standards and the effectiveness of internal controls
Company | Assets (€m)
As at 30.9.24, *30.6.24
©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report
Irish citizens are set to get a retirement boost following the government’s decision to implement its auto-enrolment retirement savings scheme in 2024. That is, if all goes to plan. Under the proposed scheme, which has been a topic of debate in Irish politics for at least 15 years, employees will have access to a workplace pension savings scheme that is co-funded by their employer and the state.
This is a critical step forward in ensuring that NAERSA is established, staffed and prepared in advance of MyFuture Fund commencing from 1 January 2026
The Irish Pensions Authority is set to share its 2025-2029 pension strategy in the ‘coming weeks’
Department of Social Protection advertises for CEO and board member positions, announces preferred bidders for investment management services
Master trust market in Ireland has continued to grow as trustees and employers respond to obligations under the IORP II
The Authority conducted compliance audits across various pension funds focusing on adherence to regulatory standards and the effectiveness of internal controls
After successive delays, the country’s new auto-enrolment retirement system is finally set to get off the ground this year
Getting the country’s new auto-enrolment system up and running is a major priority to meet the needs of an expanding workforce
IPE’s latest survey of Ireland’s institutional asset management market covers €294.9bn in total assets managed by 23 domestic and global managers for Irish institutional clients, with €108.9bn invested by pension funds.
Tata Consultancy Services signs contract as the service provider, while National Automatic Enrolment Retirement Savings Authority (NAERSA) is established
With a general election looming, there are concerns that workplace pensions will not be a priority