There is "considerable work" to be done to ensure that pension members reap the benefits of the IORP II requirements, Irish pensions regulator, Brendan Kennedy, has said, admitting that "it is unlikely that regulations of pensions will become simpler than it is now".
The Irish Pension Authority's Annual Report and Accounts confirmed that one of the highest upcoming priorities will be to facilitate the compliance of those single-member schemes whose derogation from IORP II will expire in April 2026