Analysis of master trusts in Ireland

  • April 02, 2025
Munro O'Dwyer

Munro O'Dwyer

Partner, PwC Ireland (Republic of)

Master trusts have become an integral part of the Irish pension landscape, mirroring their growth in other jurisdictions. This report explores the current state of the master trust market in Ireland and supports employers considering moving to – or who have already moved to — a master trust.

Designed to be informative, insightful and thought-provoking, this report emphasises the business value of pension arrangements that attract, reward and retain employees. This is particularly relevant in light of upcoming auto-enrolment legislation requiring employer contributions.

Across the market, master trusts are helping employers of all sizes unlock business value through improved pension experiences and outcomes for employees. Currently representing about 50% of the defined contribution pension scheme market by assets under management, master trusts are expected to continue growing due to regulatory challenges faced by standalone pension arrangements in Ireland.

An aerial photo of Saint Stephen's Green park in Dublin city centre.

2025 Irish Master Trust Report

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Contact us

Munro O'Dwyer

Partner, PwC Ireland (Republic of)

Tel: +353 86 053 6993

Anna Kinsella

Director, PwC Ireland (Republic of)

Tel: +353 87 967 0910

Ross Mitchell

Director, PwC Ireland (Republic of)

Tel: +353 87 235 4460

Bernard Walsh

Director, PwC Ireland (Republic of)

Tel: +353 87 053 2760

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