Ireland: Pensions and Investment News and Analysis

Latest news and analysis of pensions, asset management, regulation and trends in Ireland from our award-winning journalists.

Pension Funds in Ireland - Country Report

Dublin Ireland

Ireland country report 2024: A no-nonsense consolidation approach

Ireland’s bid to reduce the number of single-member DC pension funds is succeeding but is not without teething troubles 

TOP IRISH PENSION FUNDS 2023

Pension fund/entity | Assets (€’000)

  1. Bank of Ireland Group | 6,906,000
  2. Allied Irish Banks (AIB) | 5,454,000
  3. ESB DB Pension Fund | 5,063,000
  4. Eircom Pension Funds | 3,867,000
  5. An Post | 3,219,990

©IPE Research;  See IPE’s Top 1000 Pension Funds for the full ranking

 

Key fund data for Ireland

Ireland key pension data

Sources: Pension assets - IPE research; Occupational pension assets as % of GDP - OECD June 2022; Working population, data as of end 2021 - World Bank; Projected old-age dependency ratio 2050 per 100 people - Eurostat 2021; gross average replacement rate - OECD Pensions at a Glance, 2021; Asset Allocation - OECD Pension Funds in Fugures, June 2022

TOP MANAGERS: IRISH INSTITUTIONAL ASSETS

Company | Assets (€m) 

  1. Irish Life Investment Managers | 61,032
  2. Legal & General Investment Management  | 30,197*
  3. Mercer | 26,022**
  4. Insight Investment | 25,118
  5. State Street Global Advisors | 25,078
  6. AXA Investment Managers | 20,912
  7. Aviva Investors | 16,727
  8. BlackRock | 11,946
  9. Setanta Asset Management | 10,239
  10. Morgan Stanley Investment Management | 9,132

As at 30.9.23, *30.6.23, **31.12.23

©IPE Research; Sign up to IPE Profesional to see all the data in the latest country report

 

IPE European Pension Fund Awards

IPE BEST PENSION FUND IN IRELAND AWARD WINNERS

  • 2023 - Irish Life EMPOWER Master Trust
  • 2022 - Accenture Defined Contribution Pension Plan
  • 2021 - Accenture Defined Contribution Pension Plan
  • 2020 - Construction Workers Pension Scheme
  • 2019 - Accenture Defined Contribution Pension Plan

Find out more about the IPE awards and how to be involved