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
When it comes to pensions, it is becoming increasingly important that we do not just ask our clients what they have in their pension pot but more significantly what type of pension is their pension pot in? As the pension rules can result in dramatically different outcome for clients. Pension Types in Ireland People are surprised to know that in Ireland we have the … [Read more...] about Death and Pensions