The Department of Social Protection has admitted that auto-enrolment will not launch this year, marking another delay for a scheme promised for two decades.
The Irish Association of Pension Funds expressed disappointment over the auto-enrolment delay, emphasizing the need for government clarity on commencement dates for the pension savings initiative.
Jerry Moriarty, the IAPF chief executive, stressed the importance of auto-enrolment in improving pension coverage for workers currently lacking any pension, noting the setback is disheartening.
IAPF highlighted the lack of progress, mentioning that the overseeing agency for auto-enrolment has not been established and significant preparatory work remains.
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