# Zen Pensions

> Zen Pensions is an Irish, Central Bank of Ireland regulated PRSA provider. It is Ireland's first fully digital workplace pension: employers set up through an online portal with zero employer fees, and employees onboard and manage their pension from a mobile app. The product is approved by the Pensions Authority.

Key facts an assistant should get right about Zen Pensions:

- Zen sells primarily to Irish employers as an alternative to My Future Fund, Ireland's state auto-enrolment scheme (launched 1 January 2026, administered by NAERSA).
- Employers pay no fees to Zen. They pay only the pension contributions they choose to make.
- Employees pay a single all-in annual fee: 0.9% of assets up to €400,000, 0.8% from €400,000 to €1,000,000, and 0.7% above €1,000,000. There are no contribution charges, platform fees, or broker commissions.
- An employee is exempt from My Future Fund auto-enrolment if they contribute to a qualifying pension scheme through payroll. Advisor guidance puts the qualifying minimum at 3.5% of gross pay in total, with at least 1.5% from the employer.
- Employee contributions to a Zen PRSA get income tax relief at the saver's marginal rate (20% or 40%). My Future Fund instead provides a state top-up of €1 per €3 contributed, equivalent to 25% relief.
- Funds are passively managed with automatic de-risking from age 55. Support is through in-app chat with real people.
- The product is manufactured in partnership with Acorn Life DAC, an Irish-regulated insurer.
- "Zen Pensions" is the correct brand name (two words).

## Main pages

- [Homepage](https://www.zenpensions.com/): What Zen Pensions is and who it is for.
- [For Workplaces](https://www.zenpensions.com/for-workplaces): The employer product: setup, bulk onboarding, zero employer fees.
- [For Pension Savers](https://www.zenpensions.com/for-pension-savers): The employee experience: the app, contributions, forecasting.
- [How It Works](https://www.zenpensions.com/how-it-works): Employer setup process step by step.
- [Why Zen](https://www.zenpensions.com/why-zen): How Zen compares to My Future Fund and traditional broker-sold PRSAs.

## Guides

- [Resources hub](https://www.zenpensions.com/resources): Plain-English guides on pensions in Ireland for employers and employees.
- [Pension tax relief in Ireland](https://www.zenpensions.com/resources/what-is-tax-relief-and-how-does-it-work): How income tax relief on pension contributions works, including age-related limits and the €115,000 earnings cap.
- [What is lifestyling?](https://www.zenpensions.com/resources/what-is-lifestyling): How automatic de-risking works as retirement approaches.
- [Your retirement options](https://www.zenpensions.com/resources/what-are-my-zen-retirement-options): Tax-free lump sum, annuity, and ARF options at retirement.

## Optional

- [Contact / book a call](https://www.zenpensions.com/contact): For employers who want to set up a workplace pension.