Regulatory Updates
The Pensions Board reduces occupational pension scheme fees for 2011
November 2010
Pensions Board
The Minister has approved the Board’s recommendation to reduce occupational pension scheme fees by 9.1% on a once off basis for 2011 only. There is no change to PRSA fees.
The fee per member will be reduced from €8.80 to €8.00 for 2011.
The new group discounted scheme rates are as follows:
- Schemes with 501 – 1,000 members = Flat fee of €4,000
- Schemes with 1,001+ members = Fee of €4.00 per member
The fee rates are detailed on the Board’s website.
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