IRELAND - Paul Kenny has been reappointed for another term as the Pensions Ombudsman, the government has confirmed.
The role of the Pensions Ombudsman, an independent organisation, was established under the Pensions (Amendment) Act 2002, and Kenny was awarded the position of the first Irish Ombudsman in March 2003. (See earlier IPE article: Mercer consultant named Irish ombudsman)
Over the last six years, the Ombudsman has received over 2,500 complaints, of which 758 were received in 2008 - an increase of over 40% from the previous year - driven primarily by issues relating to the remittance of contributions. (See earlier IPE article: Complaints rise 43% in 2008)
Mary Hanafin TD, minister for social and family affairs, said: "I am pleased that Paul Kenny has accepted reappointment and would like to thank him for the service he has provided for the many pension scheme members he has dealt with over the last few years. I look forward to working with him over his new term in office."
Kenny previously worked as a senior consultant at Mercer and is a former chairman of the Retirement Planning Council of Ireland. In his role as Ombudsman he is required to investigate complaints of financial loss through maladministration and disputes of fact or law in relation to occupational pension schemes and Personal Retirement Savings Accounts (PRSAs).
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