Who regulates the appointment of Registered Administrators to employer pension schemes?

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Multiple Choice

Who regulates the appointment of Registered Administrators to employer pension schemes?

Explanation:
Regulation of who can administer employer pension schemes is handled by the Pensions Authority. In Ireland, this statutory regulator oversees pension schemes and their administrators, setting the criteria for who may be appointed as a Registered Administrator and ensuring they meet standards of fitness, competence, and governance. The authority can register, supervise, and sanction administrators as needed, keeping day‑to‑day scheme administration—like record-keeping and benefit calculations—in capable hands. The Central Bank regulates banking and broader financial services, not the appointment of pension scheme administrators. The Revenue Commissioners deal with tax aspects of pensions, and the Minister for Social Protection provides policy oversight, but they do not regulate the appointment of administrators.

Regulation of who can administer employer pension schemes is handled by the Pensions Authority. In Ireland, this statutory regulator oversees pension schemes and their administrators, setting the criteria for who may be appointed as a Registered Administrator and ensuring they meet standards of fitness, competence, and governance. The authority can register, supervise, and sanction administrators as needed, keeping day‑to‑day scheme administration—like record-keeping and benefit calculations—in capable hands. The Central Bank regulates banking and broader financial services, not the appointment of pension scheme administrators. The Revenue Commissioners deal with tax aspects of pensions, and the Minister for Social Protection provides policy oversight, but they do not regulate the appointment of administrators.

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