The Spring 2017 edition of our Pensions Update contains important new information related to investment issues for trustees of defined benefit schemes, The Pensions (Amendment) (No.2) Bill 2017 and Revenue opinions and confirmations.
1. Pensions Authority
The Pensions Authority publishes guidance document on investment issues for trustees of defined benefit schemes The Pensions Authority (the “Authority”) has published guidance on good practice in setting the investment strategy of a defined benefit (“DB”) scheme. The Authority requires that every DB scheme has an investment strategy on how to invest the assets of a scheme in order to be able to pay scheme benefits. Once the investment strategy has been set by trustees, it may then be used to form the basis of the strategic asset allocation of their scheme.Download PDF