The platform aims to give employees greater clarity and insight when it comes to planning for retirement.
As part of its plans for Pensions Awareness Week 2026, Pensions Awareness Ireland has launched what it claims to be Ireland’s first AI retirement coach.
The aim of the model, which has been named Ali, is to empower employees to gain greater control over their financial future. Primarily it can help workers to see if their pension pot is on track to support the lifestyle they intend to have post-employment.
Employees can then explore their options and start to implement any necessary changes they need to make, in order to improve their long-term financial outlook.
The model will require data such as the user’s current age, their planned retirement age, annual gross income and monthly pension contributions to enable its AI tools to build a dashboard breaking down their retirement income forecast and pension details.
From there dashboard users will receive an invitation to join a conversation with Ali, which has been trained on the Irish pensions system and is programmed to provide tailored responses based on the user’s dashboard.
Feargal McKenna, the head of corporate at Ireland’s best pension plans, investments and advice said, “Most people understand that they need to save for retirement. The hard question is whether they are saving enough to give them the lifestyle they want. That lack of visibility can make retirement planning feel complicated and offputting.
The AI Retirement Coach is designed to change that. Ali enables people to explore what their forecast means for their own circumstances and the changes they could make in a judgement-free digital space. The aim is to turn retirement planning from something abstract and uncertain into something people can understand, talk about, and take action on.”
In early July, the Department of Enterprise, Tourism and Employment brought into effect the Employment (Contractual Retirement Ages) Act 2025, which introduces significant new rights for employees in Ireland and also places new legal restrictions and responsibilities on employers.
The new rules mean that eligible employees, who wish to do so, can now choose to remain employed at their place of work for a period of time beyond their contractual retirement age, where that age is below the State Pension age of 66.
Employees may choose to stay on at an organisation for a range of reasons, including to work towards a better retirement.
Don’t miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic’s digest of need-to-know sci-tech news.
You must be logged in to post a comment Login