Life Annuity (Ireland) Bill 2026

Public bill · Private Member · Introduced

Creates a regulated way for older homeowners to sell the value of their home while staying there for life, in return for a lump sum and/or regular payments. It sets out safeguards such as independent legal and financial advice, a cooling-off period, clear disclosure rules, and oversight by the Central Bank to make the arrangements fairer and more transparent than current equity-release products. It matters because it could give people more financial security in later life without forcing them to move.

Formal long title

Bill entitled an Act to provide for the establishment and regulation of Life Annuity agreements for homeowners, to provide for consumer protections, and to provide for related matters.

Last updated 22 April 2026