Report Launch: A Guide to DC Plan Contribution Structures
Posted onWe are launching a new report analysing how DC plans across the country are structured and what they are offering for members.
This report takes a closer look at the following topics:
How do DC contributions work and what factors combine to create the contribution structures?
The most prevalent contribution structures across the DC plans that Irish Life administer… Continue reading →
Irish Life Staff Charities raised €360,000 in 2018
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We are delighted to announce that Irish Life Staff Charities donated an incredible total of €360,000 to two Irish charities. The funds were raised throughout 2018 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… Continue reading →
Irish Life Pension Report
Posted onThe Difference in a Decade: Irish Life data shows potential pension gains with 10-year head start
Read the new pension report from Irish Life which shows Irish Life DC pension data and research findings.
Irish Life pension data shows the current age starting a company pension plan is 37 with 11.4% contribution rate1 on average
Potential boost in retirement income of 50%-120% if people started pension 10 years earlier*
“Younger for longer” trend emerging; average age of getting… Continue reading →
Online Budget Planner for Retirement
Posted onOur new online budget planner is now available in Pension Planet Interactive.
How much will people need to live on in retirement?
Recent research shows that only 26% of people know what they are targeting to live on in retirement. 40% of people don’t know what to target and 34% say they are not planning for retirement at all. (Source: Coyne Research, December 2017)
Some expenses may decrease in retirement, retirees might have paid off their mortgage and their children have finished college.… Continue reading →
Hell and Back 2018 for Irish Life Staff Charities
Posted onMore than 150 employees from across Irish Life and Canada Life braved the Hell & Back course at Kilruddery House on Saturday 16 June for Irish Life Staff Charities.
All funds raised for the event will go to our staff charities of the year, the Irish Motor Neuron Disease Association (IMNDA) and Remember Us.
It was an amazing and memorable day, check out some of the photos from the day!… Continue reading →
Irish Life to acquire a strategic shareholding in Invesco Ltd.
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Irish Life Group Limited announced that it has reached an agreement to acquire a strategic shareholding in Invesco Limited, Ireland’s largest Irish-owned independent financial consultancy. Terms of the transaction were not disclosed.
Invesco specialises in employee benefit consultancy and private wealth management and has over 27 years’ experience advising companies and personal investors. Based in Sandyford, Dublin and Lapp’s Quay, Cork, Invesco employs 125… Continue reading →
A Good Way of Life with Irish Life
Posted onPart of the benefit of a project like Ireland Gateway to Europe (IGTE) is how it helps US companies hit the ground running when setting up here. Things like tax, employment, location, and laws must be dealt with first before they can launch here and since there are a number of differences between the US and Ireland, having major players help demystify this process is a blessing.
Of those major players, one majority company that’s involved in this process is Irish Life. Providing a full range of… Continue reading →
Our TILDA partnership helps us understand our older adults.
Posted onThrough Irish Life’s efforts in preparing our members for retirement we have extended our partnership with TILDA whose overarching aim is to "make Ireland the best place in the world to grow old".
What is TILDA?
TILDA collects information on a wide range of lifestyle aspects including: health, economic and social circumstances from people aged 50 and over. Through the latest wave of data collection we now know many things about the older Irish generation.
Irish Life joined TILDA as a founding… Continue reading →
Government may let people defer State pension to qualify for higher benefits
Posted onFuture Government incentives for those who want to work beyond the traditional retirement age could include permitting people to defer their State pension and receive higher benefits when they actually do finish working. Tim Duggan, assistant secretary at the Department of Social Protection, said on Tuesday one option would be to offer an actuarially-enhanced pension to those who decide to put off receiving their State pension when they reach the qualifying age and continue working… Continue reading →
How to measure the success of workplace wellness programmes
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From yoga classes and fruit drops, to weight loss programs or health screenings, corporate wellness initiatives are now commonplace across businesses of all kinds and scales, throughout all industries, with 9 out of 10* organisations now offering at least one program.
Often, however, these wellness initiatives come at quite a cost, of course, with any investment there must be some measurable return to justify the expense.
But with workplace wellness, the results aren’t always tangible.… Continue reading →
