Ireland’s Pensions Authority has published information for trustees on the annual compliance statement (ACS) that is provided for under the Pensions Act, 1990, as amended (the Act).
Section 26T of the Act requires trustees to prepare an ACS no later than 31 January each year for the preceding year for the purposes of prudential supervision. The ACS must be certified for accuracy and completeness by at least two trustees or in the case of a corporate trustee by at least two directors.
The authority said the form of the 2021 ACS will be published the week of 15 November 2021 and trustees are expected to prepare the 2021 ACS before 31 January 2022. Trustees will not be required to submit the 2021 ACS to the Authority in 2022 although the authority may request sight of the 2021 ACS from trustees as part of its ongoing supervisory activity.
Trustees will be required to submit the 2022 ACS by the end of February 2023 and they will be provided with further details on how to make their 2022 ACS submission during 2022.
In addition, the authority will publish information for one-member arrangements and on trustees’ outsourcing notification obligations the week of 11 October 2021.
Latest News
-
Finland’s Velliv sees customers return up to 14.8% in 2021
-
NBIM invests £220m in logistics property portfolio
-
DWP under scrutiny over 'shameful shambles' on state pension underpayments
-
News in brief: 21 January
-
UK's Gallaher Pension Scheme concludes £1.7bn buy-in
-
Narrowing of gender pensions gap in Denmark slows in 2020
Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.
Podcast - The power of three: Using Common Contractual Funds to improve tax outcomes for investors
Large asset owners are still investing in equities in a way where they are taxed on their income. The implication is that they get a poorer return. They need to, and can, improve this, but how?
In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.
In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows
Europe’s pensions challenges
Francesca Fabrizi meets Matti Leppälä, Secretary General and CEO of PensionsEurope, to discuss the key aims and objectives of the association today.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories