Tom Brabazon (Dublin Bay North, Fianna Fail)
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275. To ask the Minister for Finance the status of the Fund Sector 2030 report; and when its recommendations, with particular consideration to recommendations 22 and 23, will be implemented. [32112/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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As you are aware, in October 2024 my predecessor published “Funds Sector 2030: A Framework for Open, Resilient & Developing Markets.” That report set out 42 recommendations to cement Ireland’s position as a leading global hub for funds and asset management.

Under the 2025 Programme for Government we have committed to progress and publish an implementation plan for consideration in Budget 2026 taking into consideration the Funds Review recommendations to unlock retail investment and opportunities to grow this sector in Ireland. Certain recommendations have already been delivered and many others are in progress or and under active consideration.

Recommendations 22 and 23 of the Funds Review Report include consideration of the removal of the eight-year deemed disposal requirement for Irish domiciled funds and life products and alignment of tax rates across different investment choices. Officials in my Department are actively considering the recommendations, and given the magnitude of the proposed change, it is likely that the associated tax measures will roll out over multiple Finance Bill cycles, ensuring each step is properly considered. Any measures undertaken will be informed by evolving EU priorities, notably the proposed Savings and Investments Union.