| The recent transposition of the pan-European pensions directive, offers ‘tremendous opportunities’ both for Europe and for Ireland, with estimates from the European Federation for Retirement Provision suggesting that the Directive could lead to improved returns of some €10 billion. However, there are a number of hurdles to be overcome before a true pan-European pension can be created, writes John Feely, as the Directive does not deal with tax, employment law or social security issues. |
