Reminder and Heads Up for anybody that has Sterling Notes at home. Paper £10 and £5 banknotes have already been withdrawn and, old paper £20 and £50 notes will become invalid for use from September 30, 2022. The change is a bid to eliminate counterfeit money that is...
Continue ReadingHow will the bills be paid if you die? Unfortunately I have had to deal with this problem on a regular basis when claims arise. Trust me it is extremely difficult for the surviving members of the family to manage. Through my training and work experience I know it...
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In an era of increasing scheme regulatory complexity and cost it is now possible to have an external trustee who can bring expertise to scheme governance hence mitigating the risk and obligations on you. For example Zurich life have Zurich Trustee Services Limited (ZTSL) ZTSL, a separate legal entity...
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Retirement Planning – Planning for retirement is more important now than ever. The long period of lockdown will have given many of us a foretaste of retirement and the challenges faced when income is short and time is long! With the State Pension (Contributory) in Ireland only worth €250...
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With both Ulster Bank and Bank Of Ireland closing branches in Co. Clare it is imperative that you consider your options for your savings, investments, pensions and Life Insurance policies. Whilst my heart goes out to the bank staff having received terrible news regarding their futures their bosses have...
Continue ReadingMany individuals have pension benefits in a personal retirement bond (PRB) without necessarily understanding what they have and what steps they should follow to make the most of these benefits before retirement hits them – often too late to do anything! A PRB is an individual pension contract designed...
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Have you claimed Flat Rate Expenses that are available as a Tax Credit for your Occupation? All employees of the class or groups listed below can claim the deduction in their own tax credits. Flat rate expenses can be claimed by completing an Income Tax return you can go...
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** Red Alert** Bank of Ireland is to impose negative interest rates on cash held in pensions, in a move that will hit hard people saving for their retirement. This new charge is on top of the Annual Management Charge and their sneaky allocation charge wherein they usually take...
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YOU CAN NOW ALLOCATE SOME OF YOUR PENSION FUNDS TO GOLD Gold has been used to store wealth for more than 5,000 years. Why? Because gold is very rare – and gold today is becoming ever-more difficult to find and mine. Gold is six times more rare than platinum,...
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September is traditionally Pensions Awareness Month so you should expect to see a lot of advertising over the next few weeks form the Irish Pension Providers. Pensions Awareness Month, is to raise awareness about retirement planning and to help you take charge of and invest in your long-term savings....
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