Ireland’s Pensions Authority has published information for trustees on the implementation of the audited annual report requirements provided for under the Occupational Pension Schemes (Disclosure of Information) (Amendment) Regulations 2022 (S.I. No. 295 of 2022).
Trustees of a one-member arrangements (OMA) are required to produce an annual report and audited accounts for a scheme year ending on or after 31 July 2022.
However, the Authority will not require trustees of an OMA to produce an annual report and audited accounts for a scheme year ending prior to 31 July 2022.
For schemes with less than 100 members, trustees are required to produce an annual report and audited accounts for a scheme year ending on or after 31 July 2022.
The authority will not require trustees of a small scheme to produce an annual report and audited accounts for a scheme year ending prior to 31 July 2022.
Trustees of a small scheme are required to produce an alternative annual report for a scheme year ending prior to 31 July 2022.
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