Given these extraordinary times, while we all adapt to manage the Coronavirus (COVID-19) and adhere to the HSE and Government advice, we want to reassure you that Cathedral Financial Consultants Ltd continue to do what we can to support our clients. The health and safety of our colleagues and customers is our top priority.
In today’s world, it is essential that employers understand the rules of engagement if they are to protect their businesses from potential legal risks. Employers hoping stay on the right side of the law will in the future, at the very least, have to confront toxic work environments and respect the minimum rights of their employees.
It is vital that employers understand employment laws and the penalties for failing to apply them. Stick to the seven steps below and you’ll ensure that you don’t fall foul of the law.
In the past “estate planning” was something we believed to be only for the elite, very few wealthy individuals and their families in our society. However, this is no longer the case. Despite the recent downturn in the economy, it is still important to protect estate values. Reductions in the tax free thresholds, together with increases in the capital acquisitions tax rate, have resulted in more and more people who previously did not have to give consideration to this area now needing to do so.
It’s the beginning of another New Year and many of us are making New Year resolutions. Some of us will try and get a bit fitter physically, others will make plans to see loved ones more and some will make big decisions like moving home, starting a savings plan for retirement or a children’s education or a rainy day fund. In this article, Gary Brady, one of our Financial Consultants, looks at what you need to consider to make sure you are financially fit.
There are a number of financial services products company directors can avail of to protect themselves, their families and the other company directors as well as funding for their retirement:
The advantages of these policies are that the premiums are paid by the company with no BIK implications and more importantly the premiums are written off against corporation tax.
This economic outlook is provided by Dr Constantin Gurdgiev who is the Adjunct Assistant Professor of Finance with Trinity College, Dublin and serves as a co-founder and a Director of the Irish Mortgage Holders Organisation Ltd and a co-founder of iCare Housing Solutions, two non-profit organisations working with the issues of financial empowerment.
U.S. economic growth ticked lower in 2Q 2019, falling to an annual rate of 2.1 percent, a full percentage point down from a 3.1 percent in 1Q, based on the Commerce Department data. This puts the U.S. growth well below the 3 percent target set by President Trump back in late 2017 on the eve of the Republican tax cuts; a target the President repeatedly referred to since taking the office.
In our latest Business Briefs roundup, we look at the launch of the 5G network, what Brexit could mean for horse racing and more…
Most of us are not comfortable when it comes to negotiating higher salaries. We’re embarrassed when we have to discuss our expectations. We apologise when asking for a pay rise, and worse still, we just accept the first offer that is made making little attempt at negotiating a better offer
A Personal Retirement Bond (PRB), sometimes referred to as a buy-out bond, is a pension arrangement that former members (also known as deferred members) of pension schemes can transfer their pension benefits into. A PRB is set up as a pension policy in the member’s own name.
On reaching retirement you will have a number of options available to you, subject to Revenue rules and limits. These may include the following:
If you would like to talk to us about pensions, investments, protection and more, just give us a call on 1890 606 570 to set up an appointment or send us an email.
Warning:
The value of your investment may go down as well as up.
Benefits may be affected by changes in currency exchange rates.
If you invest in this product you may lose some or all of the money you invest.
In our latest blog post, Noel Larney, QFA, Financial Advisor, gives an overview of pensions and the benefits they offer.
