The Civil Partnership and Certain Rights and Obligations of Cohabitants Act 2010 came into force in January 2011 but there is still a lot of confusion over what the act does and does not do. Civil Partnership Applies to same sex couples only. Must be a public ceremony with at least 2 witnesses and carried […]
More and more people in Ireland are getting divorced. Along with the family home, pension funds can be the biggest asset that is divided between the separating couple. In the case of couples who divorce later in life, one spouse may have accumulated a large fund for retirement while the other has nothing at all. […]
I have written about the different type of pension plans before. They are mostly all the same i.e. a savings plan for retirement, but there are differences such as how much you can put into a particular plan . Another difference is what happens to your pension if you die. People are afraid that the insurance company will […]
The Central Bank made its announcement yesterday (27 January 2015) on the new rules applying to mortgages. These are effective immediately and are expected to be introduced under legislation in next few weeks. The rules are: Loan to Value Rule You may borrow 80% of the value of the property for homes i.e. a 20% deposit […]
Before Christmas, I asked people on the askaboutmoney website what their gripe was with financial advisors. It is very important that I know what people think so I can fix the way I run my business instead of doing things that I think people want, not what they actually want. So, here is the list […]
Last week, we looked at the active fund management approach to investing. Continuing on, this week, I am going to look at another approach, passive fund management. You can them make your own mind up on which approach to use for your money. What is Passive Fund Management? Passive fund management is where a fund mirrors a particular index. They are […]
When it comes to investing, you can take one of two approaches, active or passive fund management. Like people arguing over the iPhone or Android devices, some people can get pretty heated over which is the best approach to take. Over the next two blogs, I am going to look at the pros and cons […]