MBC Financial Limited

What Employers and Employees need to know about Auto Enrolment.

What is auto-enrolment?

Auto-enrolment is a retirement savings system for employees who haven’t joined or don’t have access to a workplace pension scheme. Here are the five things you need to know, as an employer:
1. Auto-enrolment will be called ‘My Future Fund’ and is run by a new Government body, the National Automatic Enrolment Retirement Savings Authority (NAERSA).
2. All employees aged between 23 and 60, earning over €20,000 per annum and not currently contributing to a pension will be enrolled via their payroll.
3. Employers will need to facilitate and contribute to auto enrolment; even companies with existing workplace pension schemes may be impacted.
4. Auto-enrolment does not apply to self-employed.
5. The planned launch date is 1st January 2026.

Please see below 2 links from Zurich Life on Auto Enrolment for both Employers and Employees.

https://www.zurich.ie/corporate/auto-enrolment-employers/

https://www.zurich.ie/corporate/auto-enrolment-employees/

Auto-enrolment for Employers You may already offer a workplace pension, but has everyone joined? If not, they will be automatically enrolled into My Future Fund. The first step is to check how many employees have not joined your workplace pension scheme and make a plan. If you don’t offer a workplace pension, you need to eval...

MBC Financial Limited acquires Adrian Murphy Life & Pensions.

MBC Financial is delighted to announce the acquisition of Adrian Murphy Life & Pensions. The acquisition aligns with MBC Financials' long term growth plan.

This strategic move marks a significant step forward in MBC Financials' commitment to our client service offering, product portfolios and driving synergies.

Over the coming weeks, our team at MBC Financial will work closely with Adrian to ensure a seamless integration process. Clients of Adrian Murphy Life & Pensions can expect continued support from Adrian and the team at MBC Financial Limited. We can be contacted on 021 4277910 or email: [email protected]

Secure Your Financial Future with Expert Pension Investment Advice

Pension Investment Advice Ireland Ensure a comfortable retirement with expert pension investment advice in Ireland, personalised strategies and support from MBC Financial.