The department’s new shared service office faces a major clean-up job pursuing overpayments in 32 legacy cases due to errors in education and training board payments to retirees dating back 15 years.
Zen Pensions launched its fully-digital pension product to the Irish market last month but the company also has designs on international markets. CEO Ailish Dooley and chair Conor O'Neill discuss setting up in Ireland, expansion, and breaking even.
The National Shared Services Office system is currently under DPER review. An audit completed this summer and released to The Currency shows red flags were raised with its pension system as early as 2015.
Enterprise department records shows civil servants raised alarm bells after a landmark WRC decision landed it with a €2.9m bill from the dwindling fund for social insurance and pension benefits.
London has long been dominant in fintech. Politicians, regulators, founders, and stakeholders have been plotting The City's plans to retain its leadership position.
Luke Mackey's employee benefits tech start-up has secured a $14.5m round led by France's Eurazeo to scale its platform and serve a market that is "systematically undervalued".
Significantly more sensitive to losses than gains, and increasingly driven by an accelerating news cycle, pension savers are persistently destroying their wealth.
The new auto-enrolment scheme for private pensions is expected to commence next year and now is the time for companies to get their ducks in a row.
US voters obsess about the stock market because their pension depends on it, just like Irish ones do about house prices. The political consequences are dire.
A new national savings scheme could kickstart a virtuous circle of compounding returns for Irish citizens, while at the same time providing vital funding for the Irish start-up scene.
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