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Minister Donohoe welcomes publication of the Report of the Interdepartmental Pensions Reform and Taxation Group

The Minister for Finance, Paschal Donohoe TD, today (Friday) welcomed publication of the Report of the Interdepartmental Pensions Reform and Taxation Group (IDPRTG). This work delivers on a number of commitments made in the Roadmap for Pensions Reform 2018 – 2023.

The focus of the Report is on supplementary pensions and it provides conclusions and recommendations based on a thorough examination of specific pension matters, while also taking account of stakeholder views.

The Report which seeks to enhance consumer outcomes by improving regulatory oversight and reducing costs, draws on international experience in its research and reviews the current and planned domestic pension environment to make appropriate recommendations.

It also acknowledges the importance of further engagement with stakeholders to inform the next phase of this important work, including the need for transitional arrangements in some areas.

Welcoming the report, Minister Donohoe said:-


I would like to welcome this significant piece of work, which incorporates a number of personal pension policy areas to form this comprehensive report. The IDPRTG thoroughly examined each of the key action areas allocated by the Roadmap and presents a number of relevant and practical recommendations which should help advance the goal of simplifying the supplementary pension landscape.


In essence, this work represents a building block for a significant piece of long-term structural reform in the area of supplementary pension provision. It will inform this debate and future policy making which will in turn have wider, longer-term socio economic and fiscal benefits.

Report of the Interdepartmental Pensions Reform and Taxation Group