Everyone in Zurich was delighted to receive an early present in November with the news that we won two awards at the Brokers Ireland Excellence Awards. We are immensely proud with how the Zurich team has stepped up to deal with the challenges of this year, but of course, we know that there is still room for improvement. You can be assured that the results and the detail contained within the survey will help to better inform us for 2023.
This year Zurich picked up two of the five Pillar awards:
Investment Provider Excellence
Pension Provider Excellence
In this month's newsletter you can register for our upcoming Investment Outlook 2023 webinar. As we all look forward to 2023, we hope you can join us for what promises to be a positive, engaging and insightful webinar and we think it will help set you and your business up for the year ahead. This webinar gives you the chance to hear directly from the award winning team at Zurich Investments.
We'd like to take this opportunity to wish you and yours a very happy Christmas and a prosperous New Year. As usual at this time of year, we are making our annual donation to the Simon Community's House of Cards appeal. Thank you for all the support you've shown to Zurich in 2022. As always, if you have any questions regarding any of the topics in this newsletter please do not hesitate to contact your Zurich Broker Consultant.
Please note our holiday closures
Our phone lines will close 3pm on Friday, 23 December and will reopen at 10am to 3pm on Friday, 30 December. We will be closed on 2 January and business as normal will resume from 3 January.
There was a huge amount of Pension change over the course of the year and we thought that as we near the end of the year, it would be a good time to do a recap on it before we move into 2023 (which is surely going to be another year of change!).
Please note, in line with recent statements of the Pensions Authority, for all Zurich Trustee Services Limited (ZTSL) Group Schemes (excluding Group Risk only schemes) and any ZTSL One-Member Arrangements/EPPs established on or after the 22 April 2021 where ZTSL is Trustee, ZTSL have formally committed to wind-up these schemes and transfer the assets to the Zurich Master Trust or another approved arrangement selected by the trustee in 2023.
No further action is required for employers in relation to these schemes.
Due to new PRIIPs regulatory requirements coming into force on 1st January 2023, we will be closing a number of funds to new Savings and Investment business. This is only for new business and there is no impact on existing customers.
In this investment podcast recorded on December 9th 2022, we speak about recent market movements and Zurich Investments current positioning and outlook. This month we also take a closer look at the different equity sectors and in particular value stocks and growth stocks.
At Zurich our banking partner is changing. Electronic Fund Transfer (EFT) payments should be issued to our new bank account. This change is to ensure quicker allocation of payments to the correct policy.
Ronan O'Neill Head of Retail & Corporate Marketing
Zurich Life Assurance plc Zurich House, Frascati Road, Blackrock, Co. Dublin, A94 X9Y3, Ireland. Telephone: 01 283 1301 Fax: 01 283 1578 Website: www.zurich.ie Zurich Life Assurance plc is regulated by the Central Bank of Ireland.