Irish taxpayers, still smarting from the shock of massive cost-overruns on the proposed new national children’s hospital, now face the prospect of another budgetary black hole, this time in financial services. … [Read more...] about Auto-Enrolment Pensions: Another Budgetary Black Hole?
The pension market in Ireland is continuing its inexorable shift from the traditional defined benefit (DB) to a defined contribution (DC) landscape. As the names suggest, DB looks to guarantee a benefit, or income in retirement, whilst DC only defines the contribution amount from the employer or employee. Therefore the actual outcome for a DC customer depends on a myriad of … [Read more...] about Volatility, old age, and investment paralysis.
In Ireland, women receive pensions that are 26.1 per cent lower than men's, according to a European Commission report* from 2018. The report considered total income from all sources, including State, occupational, and private pensions. For those on modest incomes, the report found the pensions’ gender gap in Ireland was lower than other European countries, largely because … [Read more...] about Women Need to Know their Pension Position!
What if I told you I could give you an opportunity to take money from a company without any tax bill, you’d be interested right? … [Read more...] about The only thing bad about a pension is the word ‘pension’
In February of this year the Government published an ambitious 5 year pensions roadmap outlining its vision for the future of the Irish pension system: The “Roadmap for Pensions Reform 2018-2023” is a … [Read more...] about The future of Irish pensions: Proposed reforms between 2018-2023