Irish Life has appealed to the Government to avoid imposing excessive administrative bureaucracy and costs on over 152,000 members of smaller pensions schemes. If imposed, the additional costs could wipe out the investment returns for thousands of schemes whose members are sole traders or employees of small enterprises.

We are closing some Fidelity funds in November 2019 and we automatically switch policyholder investments and any future payments from these funds into the Fidelity World Fund.

The Pensions Act requires every pension Trust to appoint a Registered Administrator for their schemes and for the Registered Administrator to re-register annually. 

We can confirm that we completed the Registration with the Pension Authority in September 2019 for the schemes that we will be the Registered Administrator for.