News - Irish Life Corporate Business
An element of behavioural science is nudging people towards better pension provision, says Sean Egan, Head of Sales at Irish Life Corporate Business.
Finance. You might be pretty clued-in, but have you ever wondered how savvy we are as a nation? The answer is not very, if the research we carried out is anything to go by. We want to help change that.
New investment growth rate assumptions have come into effect from 1 October 2017. The changes are made in line with revised guidance from the Society of Actuaries in Ireland.
More than 120 Irish Life staff abseiled down the front of the iconic Irish Life head office building in July 2017 – raising over €100,000 for this year's selected Irish Life Staff Charities.
In August 2017 we are making changes to the availability of Irish Life’s Capital Protection Fund.
Ireland’s saving habits have been revealed in recent research* by Irish Life. Just under two thirds of Irish people are actively saving and have some savings, and in contrast, a third of people claim not to have any savings at all. The research also found that a third of Irish employees have a company pension fund set up for when they retire, and a quarter of Irish employees have their own private pension in place. By saving into a private or company pension plan, people’s savings can go a lot further.
Our staff choir, the "Life Choir", had a fantastic achievement recently, coming second overall at the National Workplace Choir of the Year competition, run in association with Lyric FM and held in University Concert Hall, Limerick.
- Where there is a company pension plan available 76% are saving into it
- 49% know how much their employer contributes
- Just 54% of employees know that saving into a pension is a tax efficient way to save for the future
- 25% rate a pension at work as the most important workplace benefit
