Brokers Ireland members webinar – IORP II June 2021
Presented by Newcourt Pensioneer Trustees Ltd
Thursday 24 June 2021 | Duration: 1 Hours
At this stage you are well aware of the transposition into Irish law of the IORP II Directive on 22 April 2021, this was done by way of the European Union (Occupational Pension Schemes) Regulations 2021. The regulations are designed to:
· Deliver an enhanced system of governance and risk management,
· Provide better communications to members of schemes, and
· Ensure those responsible for the good governance of the scheme (the trustees) have the necessary qualifications, knowledge, skills and experience to carry out their role effectively.
The regulations have significant implications in particular for one-member arrangements in terms of future investments and borrowing as well as the general governance requirements. They do though impact all occupational pension arrangements.
Gerard Keane MD of Newcourt Pensioneer Trustees Ltd and Brian Macdonald Operations Director of Newcourt Pensioneers Trustees Ltd will present their thoughts and go through the implications on advisors and their clients of IORPS II on one member schemes and multi member occupational schemes.