317. Deputy Réada Cronin asked the Minister for Finance if he will request the Pensions Authority to reconsider its approach to one-person pension arrangements and extend the deadline for compliance with EU IOPR II directive to January 2023; if his Department, the Revenue Commissioners and the Department of Social Protection will work together to ensure the PRSA changes vis-à-vis the current one-member arrangements are made in the Finance Act 2023, given that without the necessary flexibility, providers and customers are facing a catastrophic situation, especially those with no other realistic alternative for their savings; and if he will make a statement on the matter. [41969/22]

Summary

317. Deputy Réada Cronin asked the Minister for Finance if he will request the Pensions Authority to reconsider its approach to one-person pension arrangements and extend the deadline for compliance with EU IOPR II directive to January 2023; if his Department, the Revenue Commissioners and the Department of Social Protection will work together to ensure the PRSA changes vis-à-vis the current one-member arrangements are made in the Finance Act 2023, given that without the necessary flexibility, providers and customers are facing a catastrophic situation, especially those with no other realistic alternative for their savings; and if he will make a statement on the matter. [41969/22]

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• Pension Provisions

  xml · EN · 8 September 2022

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