Interdepartmental Pensions Reform & Taxation Group Consultation on Supplementary Pensions Reform
Tue Oct 9 2018
Roadmap for Pensions Reform 2018-2023
Please final below the final version submission of Brokers Ireland response to the Interdepartmental Pensions Reform & Taxation Group Consultation on Supplementary Pensions Reform which we will be submitting next week prior to the deadline of the 19th October. 2018.
Brokers Ireland welcome the opportunity to reply to the Consultation on Supplementary Pensions Reform issued by the Interdepartmental Pensions Reform and Taxation Group. Brokers Ireland represents over 1,250 Financial and Insurance Broker firms located nationwide. Approximately 900 of these Financial and Insurance Broker firms advise consumers on their pension requirements for retirement.
In 2016, Brokers Ireland in conjunction with Standard Life carried out consumer research. Among the findings in relation to Pensions was that those who have used a Financial Broker are twice as likely to have a private or company pension and these people are likely to have higher pension funds with the average being €132,650 compared with €111,190 for those who don’t consult a Financial Broker.
For further information, please email Rachel McGovern, Director Financial Services Brokers rachel@brokersireland.ie
