Social & Family Affairs Minister Mary Coughlan has announced that the start-up date for applications for Personal Retirement Savings Accounts will be November 11.
From that date, the Pensions Board will accept applications from PRSA providers for approval of their products.
The board will then have three months to decide on these applications, which means that PRSAs will be available in the first quarter of next year.
PRSAs - more flexible personal pensions accounts - are part of the Government's strategy to increase supplementary pensions coverage among those at work.
