- Financial Broker
It wouldn’t be spring without the Six Nations Championship to look forward to and we are loving the 2019 season! So much so that we’ve decided to run a competition in collaboration with the Dundalk Democrat.
As the tax deadline of October 31st approaches, we’re being asked a lot of questions here at Cathedral Financial Consultants Ltd in Dundalk. So many in fact that we thought we’d put our most frequently asked ones all in the one article…
If the government has it’s way, almost all Irish workers will be enrolled in a pension scheme as of 2022. This is one of the many pension reforms that are planned and promises to be the most revolutionary in many generations. Read more
Our latest post is by Paddy Keenan, one of our Financial Advisers, here at Cathedral Financial Consultants Ltd.
Your pension is probably the most significant financial undertaking you will ever make, which is why you really should understand the basics. Only 200,000 Irish employees have defined benefit pension schemes, and only 700,000 contribute to a defined contribution pension scheme. But will those contributions be sufficient to fund your retirement? Most people can’t answer that question, as the verbiage in pension literature tends to put most of us to sleep. However, unless you have won the lottery and invested wisely, you really have to understand the basics of your pension plan.
As the tax deadline of October 31st approaches, we’re being asked a lot of questions here in our HQ in Dundalk. So many in fact that we thought we’d put our most frequently asked ones all in the one article…
While many of us like to spend time thinking about times gone by, lots of us ponder about what’s ahead for us in the future too. Those of us that do all have one common wish – that it’s as stress-free as possible. One thing that can help make that happen is correct planning, which is why you should have a pension.
It’s true to say at this stage that most people are aware at some level, of the significant tax benefits of pension planning. However, apart from obviously securing your lifestyle in retirement, are tax benefits the only reason that pensions are good for you, or are there other reasons to start or continue your pension planning?
A reminder to plan for our future doesn’t hurt every now and then! Read Ian Begley’s ‘Save up’: People who retire with more income are happier article here.
If you would like advice on how to start a pension, or your existing pension, you can contact our office on 1890 60 65 70 to talk to one of our experienced advisers.
Check out this handy link to the Welfare.ie site which allows you to request a copy of your social insurance contributions record. Just complete the online form and you details will be posted out to you.
If you would like any financial advice please contact our office on 1890 60 65 70 to talk to one of our experienced advisers.
Cathedral Financial Consultants Limited
16 Roden Place