One of the most common questions we get asked here at MadeSimple is: Why Do I Need to Be Inflation Proof?? Ireland is battling a cost of living crisis due to inflation and with that comes an increase in prices of your everyday goods. A new survey from the ALONE charity reveals an [...]
One of the most common questions we get asked here at MadeSimple is: 1. Should I start a pension (or AVC for occupational pension scheme members)? Yes, you should definitely start a pension is the answer every time. Even though you may not want to think about retirement now, your future self will [...]
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 [...]
