ETF payment to Irish Life

If you want to make an ETF payment to Irish Lifey you’ll need their bank details, but before you do that it’s worth considering what you are about to do and why.

We assume the ‘why’ part is that you are buying a financial product or funding one, that could mean either buying some type of assurance policy or topping up a pension, but have you considered the alternatives? If you went through a broker then perhaps you have, but if you didn’t then you might want to consider some independent advice because not all policies, charges or choices are universal, they differe across different providers.

We can help you determine what pension plan may suit you the most, or what fudn is most appropriate to your needs. Not only that, we can often get peole a higher allocation (and reduced fees) which means you get more bang for your buck (euro) than you would otherwise because a broke can manipulate the charges more favourably towards a client than the insurance companies do directly. So consider giving us a call, …

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Pensions

Pensions in Ireland is paid to people from the age of 66 who have enough social insurance contributions. People who qualify for a state pension are also allowed to have other incomes and still receive the State pension. The State pension is taxable, but if the pension is the only source of income it is not likely to be taxed.

In order to qualify for the State pension an individual must have started paying social insurance before the age of 56 and have paid at least 520 full rate social insurance contributions. An individual must also have at least 48 paid or credited full rate contributions from the year they started insurable employment until reaching 66 years of age.

Recent research has shown that only 32% of people would like to continuing to work after the age of 66. This is concerning due to the increasing financial pressure leading to delay in retirement. Another recent statistic gathered from 1,000 employers revealed that only 61% of employees believe that they will have no choice but to work past the age of …

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GO TO JAIL! Do not pass go, do not collect €200 million

The talk of ‘Economic Treason’ and calling for the heads of every banker are sadly starting to gain more and more traction, all of this is happening without concrete evidence thus far of exactly ‘who’ we are chasing and ‘for what’ specifically, largely the financial leaders greed is central to accusations of wrongdoing, and while greed may not be morally acceptable to right thinking individuals it is not actually a crime.

The FT recently had an article showing that executive pay misguided but that it didn’t make them criminal by nature, stupidity is an ‘equal opportuntities’ trait. It is important that every person in finance is not villified for what was something that all of society played a part in.

One question nobody is asking is ‘what part did I play in this?’, as a brokerage we are culpable, as a consumer I am personally culpable and as a citizen I will be paying for mistakes made on both …

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