Electronic signatures in PRSA application forms
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With the change in working environments we have adapted our processes for receiving PRSA application forms.
We now accept DocuSign to capture electronic signatures on PRSA application forms. In addition, we also now accept the electronic signatures from the following:
• Adobe Sign
• HelloSign by Dropbox
• Nitro Pro
• OneSpan
• PDFfiller/SignNow
• Zoho … Continue reading →
New member of ESG Ireland: Irish Life Investment Managers
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ESG Ireland is pleased to welcome Irish Life Investment Managers as a new member of the ESG Ireland community, committed to working towards a more secure future.
Kathy Ryan, Head of Responsible Investing, Irish Life Investment Managers, said:
“We are delighted to become a member of ESG Ireland and share their commitment to closing the knowledge gap around responsible investing.
Our clients trust us with their investments and to deliver on our core promise to… Continue reading →
Coronavirus market and your pension
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Virtual Member Engagement
Our team of experienced pension experts are committed to helping you access the information you need when you need it to make informed decisions about your future. The member engagement team is best known for in person, onsite engagement delivering group presentations, answering frequently asked questions and providing access to information when you need it.
Naturally, we’ve had to change our approach recently and focus our efforts digitally to continue to… Continue reading →
COVID-19 (Coronavirus) – update for our customers
Posted onIn light of the nationwide and global situation with the Coronavirus (COVID-19), we want to assure you that we are doing everything we can to continue the delivery of our services, while protecting the safety and welfare of our staff and our wider community.
We will continue to listen to and follow the advice of the Irish government and the Health Service Executive, for all our colleagues. In line with government guidance our service contingency plans are now in place and most of our people… Continue reading →
Property Funds
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With effect from 19 March 2020 Irish Life is introducing a six-month notice period for all switching and encashment requests from the Property Funds.
This means any request to encash (fully or partially) or switch (fully or partially) from these Funds will be processed using the Fund prices at the end of the six month notice period from when the request was made. This does not apply to death claims or normal retirement benefit claims.
Introduction of a Notice Period… Continue reading →
Stand up for pensions equality
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Women have to make sure they are not outflanked when it comes to getting a fair deal, writes Eithne Dunne
https://www.thetimes.co.uk/article/female-workers-in-ireland-must-stand-up-for-pension-equality-f8zh9fhgc
Women in Ireland start paying into their pension at about the same age as men, and direct, on average, the same proportion (11%) of their salary into it. Yet it is projected that, on retirement, their pots will be about €120,000 smaller than those of their male counterparts.
According… Continue reading →
Irish Life Staff Charities raised €365,000 in 2019. That’s €1,000 a day!
Posted onWe are delighted to announce that Irish Life Staff Charities donated an incredible total of €365,000 to two Irish charities. The funds were raised throughout 2019 by employees through various fundraising initiatives undertaken and the amount was then matched by Irish Life to reach this final total.
Each year, the Irish Life Staff Charities committee shortlists a number of Irish charities to receive donations collected throughout the year and the final two are selected by Irish Life employees.… Continue reading →
Auto Enrolment Retirement Savings System Ireland
Posted onYou get one chance to get AE right first timeThe aim of the Automatic Enrolment (AE) system is to make it easier for employees to save for a pension and boost pension coverage in Ireland. It also makes it easier for employers to offer their employees a workplace pension. The government recently published the latest details around its Auto Enrolment (AE) pensions plans. Employers now need to actively engage and start planning for this new reality. They should,Understand how many total… Continue reading →
Irish Life Investment Managers - winners at the Irish Pension Awards 2019
Posted onILIM & Setanta are winners!
Big congratulations to our colleagues in ILIM for winning the Investment Manager of the Year award, as well as Setanta who won the Equity Manager of the Year award at the Irish Pensions Awards.
Move to reduce cheque payments
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At present almost 95% of claim payments made by our Irish Life DC Corporate Business Benefits team are made by Electronic Fund Transfer (EFT). These claim payments relate to Defined Contribution Occupational Pension Schemes, PRB and PRSA Schemes. The claims encompass payments to members, employers, brokers and consultants, trustees and other pension providers under the above Pension arrangements.
We currently ask all Defined Contribution, PRSA and PRB member claimants to confirm their bank… Continue reading →
