There are a number of things to consider when choosing a mortgage protection policy. However, before we get into that we should explain: What Is Mortgage Protection Insurance? When you get a mortgage to buy your home, the lender will require you to have a mortgage protection policy in place to cover the [...]
Public Sector Pension Schemes – Main Benefits Public sector pensions are occupational pension schemes set up by the Government for employees in the public service, local authorities, or semi-state companies. The majority of these pensions are defined benefit schemes. This means that your pension is based on your pay/salary at retirement (for [...]
Investment Bonds vs Savings Plans (During a Period of High Inflation) Annual inflation in Ireland neared an almost 40-year high of 6.7% in March, a jump from 5.6% a month earlier. This increase came on the back of many factors with the 2 main factors being the housing shortage and soaring energy prices. [...]
What Does The Auto-Enrolment Pension Scheme Mean for You? The scheme aims to tackle the problem of low pension provision in the private sector in Ireland. New research from the CCCP survey showed that just 38% of adults surveyed have no pension plan in place. Note: This scheme will not affect public sector [...]
It’s sometimes difficult to establish good financial planning habits. How healthy are your finances? Get into top shape with these five top financial well-being tips. Get Yourself Some Income Protection Are you in secure employment? The only thing that can really damage your financial security in terms of your earning power is the [...]
Additional Voluntary Contributions (AVCs) are a way to make additional contributions towards your retirement benefits when you are already paying into a pension scheme. AVCs can be a tax-efficient way to top up your pension. When you retire, the funds invested in your AVC can be used to bolster your pension benefits, [...]
