The proposed auto-enrolment pension scheme is aimed at increasing participation in pension funding within the private sector workforce. Its primary objective is to ensure that all workers have access to a workplace pension, complementing the basic state pension. Currently, only about 35% of the private sector workforce actively contributes...
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Need to reduce your tax bill? If you feel you are paying too much tax, the good news is that you can claim tax relief (and a potential refund) from the Income Tax you paid in 2022/23. Tax Relief is available at your higher tax rate (40% tax relief...
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At Considine Financial Planning Ltd, we’re always on the lookout for innovative solutions that enhance the financial well-being and protection of our valued clients. Today, we’re thrilled to share an exciting development in the insurance industry: Aviva’s new Life Insurance product, which offers an exceptional bonus benefit—free online GP...
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Research carried out in Ireland found that those who receive impartial financial advice have Double the savings and investments compared to those who don’t get advice. In addition, they are more financially protected, have higher valued pensions and feel more financially confident about their future. Financial advisors need to earn a bachelor’s degree to qualify for...
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Incomes and bills may have changed but the challenge of ensuring that ends meet is just the same. The first trick of the trade is to be organised – know exactly how much you have coming in and going out per month. Are you paid monthly or weekly? I...
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Thousands of credit union members across the State are being asked to withdraw some of their savings, as caps are being applied to deposit accounts. Some are imposing saving limits as low as €15,000. The move is being blamed by credit unions on the costs charged to them by...
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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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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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