News

The Society has submitted its response to the Consultation on Supplementary Pensions Reform: Roadmap for Pensions Reform 2018-2023 issued by the Interdepartmental Pensions Reform and Taxation Group. 

The response is attached below.

The Society has submitted a response to the Pensions Authority consultation document on the Regulation of defined contribution master trusts.

The response is available to read on our website here https://web.actuaries.ie/press/submissions

We are pleased to announce that the Society of Actuaries in Ireland has joined the CERA Global Association as an Acceding Party.

The Society has today issued a press release on Ireland's Risk Equalisation system following its healthcare seminar today which brought together international and domestic experts to discuss how cross subsidies in the health insurance market can be modified in the future.

Click here to read the full press release

The Society has issued responses to the following Central Bank of Ireland Consultation Papers:

Today the AAE published a press release with respect to the upcoming vote on the PEPP Regulation in the European Parliament on Monday 3 September 2018.

This press release is available below.

The July Newsletter is now available to read online.  This edition features articles on:

• Changes at the Society
• SAI Annual Convention
• Awards for Outstanding Contribution
• Current Topics Paper
• GI Pricing Seminar
• ERM Database
• Maths Tutorial Project

as well as information on upcoming conferences, the SAI Golf Calendar, On the Move plus plenty of photos.

Click here to read the July Newsletter

A paper prepared by the Pensions Committee, and reviewed by Council, which sets out the Society’s “Initial Views on the Government’s Roadmap for Pensions Reform 2018-2023” is available below.  This has been sent to the Minister for Finance, the Minister for Employment Affairs and Social Protection and the Pensions Regulator.

The Actuarial Association of Europe (AAE) has published its 11th EU newsletter. This newsletter gives a very comprehensive legislative/regulatory update on all relevant European issues and is available on the “Community” page of the AAE website.

To access the newsletter, members must by registered on the AAE website. If you are not yet registered, please do so at Login Members and select Sign up.

The Society of Actuaries in Ireland has today issued a press release warning that the new information disclosure regime for consumers under European PRIIPs (Packaged Retail Investment and Insurance Products) regulations has the potential to be misleading.  We have called for changes when the new regime is next reviewed.  The press release is available here.

The Society recently submitted a response to the Central Bank of Ireland Consultation Paper (CP114) on Amendments to the Non-Life Insurance (Provision of Information) (Renewal of Policy of Insurance) Regulations 2007.

The response is available to read on our website here https://web.actuaries.ie/press/submissions

The 2017 edition of the OECD’s biennial report Pensions at a Glance has been published.  This sets out the pension reforms undertaken by OECD countries over the last two years; the only reform noted for Ireland is the termination of the pensions levy.